3502 S Madison ST new to site

Tacoma,WA 98409

$ 825000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision South Tacoma

MLS Listing ID 2369232

Style 60 - Comm Bldg Und 10K

Year Built 1911

Annual Tax Amount $4,011

Lot Size 5,663 Sqft

Property Sub-Type Commercial Industrial

Property Description

Unique investment or owner-user opportunity in Tacoma! This well-maintained 2,308 SF mixed-use building features a long-established laundromat (Friends Place Laundromat) on the main floor and two residential units. Operated by the owner since 2005, the laundromat offers steady cash flow in a high-demand area. Residential units are ideal for rental income or owner occupancy. Property includes 6 parking spaces, 32 ft frontage on S Madison St, and sits on a 0.13-acre lot. Great access to transit and arterials. Rare chance to own a turnkey business/residential property in a growing neighborhood.

Location

State WA

County Pierce

Area 45 - South Tacoma

Exterior

Roof Type Composition

Building

Sewer Sewer Connected

Water Private

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