Listing Provided Courtesy Of:
Keller Williams Rlty Bellevue and NWMLS
11401 Steele Street S Tacoma, WA
$ 2,895,000
Property Attributes
  • ID#1647412
  • TypeCommercial
  • CountyPIERCE
  • CityTacoma
  • AreaSoutheast Tacoma
  • NeighborhoodTacoma
  • Zip98444
  • StyleRetail
  • Year Built2005
  • Taxes$ 23274
  • Price$ 2,895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.53 Acres
Listing Provided Courtesy Of:
Keller Williams Rlty Bellevue and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Excellent South Tacoma location fully leased multi- tenant retail shopping center. 116th St. Center consists of 8 units shared by 5 tenants. The building is 2005 quality construction in a high traffic area. This building is highly visible with plenty of parking. The building has a great tenant mix and turnkey for any new owner.

Price History
8/26/2020 Listed $2,800,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Tacoma
County Pierce
Directions Take highway 512 off Interstate 5 to Steele street exit and take Steele street south to 11401. Building is located on your left side.
Electric Expense 2418
Exterior Features Brick, Cement/Concrete, Metal/Vinyl
HOA Fee Frequency Not Specified
Insurance Expense 2595
Lot Size Square Feet 66779
MLS Area 56 - Southeast Tacoma
Net Operating Income 182152
Possession Closing
Possible Use Business, Commercial, Office, Retail
Property Style 75 - Retail
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Very Good
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Steele
Structure Type Retail
Subdivision Name Tacoma
Tax Annual Amount 23274
Tax Year 2019
Terms Cash Out, Conventional
Topography Level
Total Actual Rent 20863
Total Units 5
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 21600
Year Built 2005
Zoning Class Business, Commercial, Office, Retail

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street

Exterior Features

Foundation Details Slab
Irrigation Water Rights Y/N No
Lot Size Acres 1.533
Lot Size Units Square Feet
Open Parking Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98444

AVG $2.21M
AVG $16,735
AVG 230
Year Built
AVG 1967
AVG 57
Data Provided by Walkscore ® not using MLS data

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