Courtesy of Venture Real Estate Group LLC and NWMLSNWMLS

OverviewEstate Overview - $1,269,000Closed

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809 S 38th Street,

Tacoma, WA 98418

***Price Reduction -$280K** Excellent and rare investment or owner user opportunity located in the heart of Tacoma's revitalized Lincoln District.Proforma CAP 7.45%.Potential redevelopment opportunity w/multi-use zoning and multiple new development sites nearby within revitalized Lincoln District.Horsfall mixed-use comm building comprised of total of 13 units, three retail spaces & attached warehouse on main level, on 2nd level, six studio apartments and three SEDUs with opportunity to change either the floorplan or unit mix during renovation.Great proforma income w/ 2nd floor resi buildout & retail lease potential.Designated parking behind building...See More

  • 0 Beds
  • 0 Baths
  • 13000 Sqft
  • Commercial Sale

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,550,000
Listing Date: 08/30/2024
Days on dealty:Was on Dealty for 471 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:1916
Has HOA:No
Status Change Date:December 14, 2025
Pool:No
Cumulative Days on market:326 days
Last Updated:01/12/2026, 12:22:29 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Commercial Industrial
  • Construction materials: Brick
  • Roof: Composition, Flat
Flooring
  • Concrete
  • Softwood
  • Vinyl
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Brick,
Lot Details
  • Lot size: 0.2984 Acres / 13000 Square feet
  • Topography : Level

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Forced Air
Laundry
    --
Parking
    --

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

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AgentListing Agent

Agent
Tammie Tom-Freeman

(Venture Real Estate Group LLC)

MLS # NWM2284856

809 S 38th Street

Tacoma, WA 98418

$1,269,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/809-s-38th-street-tacoma-wa-98418
Approx sqft
13000
Year Built
1916
Garage
16
Lot Size
13000 sqft/ 0.299 acres

***Price Reduction -$280K** Excellent and rare investment or owner user opportunity located in the heart of Tacoma's revitalized Lincoln District. Proforma CAP 7.45%. Potential redevelopment opportunity w/multi-use zoning and multiple new development sites nearby within revitalized Lincoln District. Horsfall mixed-use comm building comprised of total of 13 units, three retail spaces & attached warehouse on main level, on 2nd level, six studio apartments and three SEDUs with opportunity to change...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 01/12/2026, 12:22:29 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.