Listing provided courtesy of Best Choice Realty LLCNWMLSas Distributed by MLSGrid- MLS# NWM2393061
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Request Info516 - 522 S 38th StreetTacoma, WA 98418
Commercial · 0.36 Acres$2,600,000
Active
516 - 522 S 38th Street Overview
- Visits:
- 15
This premier commercial investment property presents a rare opportunity to acquire a fully functional, income-generating asset with strong long-term tenants in place and substantial upside potential. Located in a high-traffic area with excellent visibility and access, the property is anchored by a locally recognized urgent care center, a convenience store, and a well-established church. Additionally, the property features a vacant retail space offering room for expansion or increased income.
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516 - 522 S 38th Street Facts & Features
- Type Commercial
- Lot 0.36 Acres
Details
General
Association/HOA
- Association Fee: $0.00
Building Information
- Year Built: 1979
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 59 - Southeast Tacoma
- Subdivision Name: Lincoln
General Information
- Listing Terms: Cash Out, Conventional
- Parcel Number: 4895000350
- Possible Use: Business,Commercial,Industrial,Office,Retail
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate
- Heating: Yes
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
Exterior
Parking Information
- Open Parking: No
- Parking Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.357
- Lot Size Square Feet: 15549
- Lot Size Units: Square Feet
- Elevation Units: Feet
Building Exterior/Construction
- Structure Type: Retail
General Information
- Carport: No
- Sewer: Sewer Connected
516 - 522 S 38th Street Neighborhood
Community
98418 (Tacoma) Demographics
39
Median Age
5,729
Population Density (per sq. mile)
30%
College Educated
$60,649
Estimated Median Income
2,542
Estimated Total Home Owners
1,505
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.516 - 522 S 38th Street Monthly Cost
516 - 522 S 38th Street Market Data
Based on the last 30 days in this zip code
$447,626
Average List Price
$270
Average Price per Square Foot
10
Properties Sold
49
Average Days on Market
30
Properties for Sale
516 - 522 S 38th Street History
| Date | Value | Agent |
|---|---|---|
| 6/14/2025Source: NWMLS | June 14, 2025 |