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Listing Firm: Better Properties N. Proctor: Jim Marso

Bought With: Better Properties N. Proctor : Jim Marso

SOLD On March 10, 2021
NWMLS # 1436904

$1,150,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

2509 S Holgate Street , Tacoma, WA 98402

Listings with the three tree icon are courtesy of NWMLS

About This Property

8.5% CAP RATE!! $163,200 Gross Income. Recent price drop makes this property a Great Investment. The Original Pacific Brewing and Malting Company Building. Classic 5 story brick building with vistas of Tacoma. Located in the revitalized UW-Tacoma and Brewery District. 40,000+ sq ft of commercial, warehouse, industrial. office. Great cash flow. Superb tenants. EZ access to Sound Transit and I-5. Phase 1 and Phase 2 ESA completed. Big upside potential by utilizing 100% of the building.

Buyer's Agent: Jim Marso • Better Properties N. Proctor

Listed by: Jim Marso • Better Properties N. Proctor

Aris360 Last Checked: 3 Minutes Ago (Aug 03, 2025 05:42 AM)

  • Source: NWMLS as Distributed by MLS Grid #1436904

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Holgate
  • Zip/Postal Code: 98402
  • City: Tacoma

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Property Features

  • County
    • Tacoma
  • Community
    • 30 - Central Tacoma
  • MLS Area
    • 30 - Central Tacoma
  • Longitude
    • -122.437059
  • Latitude
    • 47.238106
  • Directions
    • Downtown on Pacific Ave to 25th Street, head up the hill to Holgate. Turn left, property on left. Property also has frontage on C Street.

  • Interior
    • Forced Air
    • Concrete
  • Floors
    • Concrete
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Style
    • 61 - Comm Bldg Ovr 10K
  • Foundation
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres

    • 1

  • Condition
    • Average,
    • Good,
  • Water
    • Tacoma
  • Building Total Area (Sq. Ft.)
    • 22897
  • Utilities
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2020
  • Structure Type
    • Land,
  • Tax Amount
    • $21040
  • Year Built
    • 1918
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Aug 03, 2025 05:42 AM