Map of Property

Union Crossing

For Sale

1928 W Union Ave, Tacoma, WA 98405

This Tacoma property for sale is located at 1928 W Union Ave. The current listed sale price for Union Crossing is $3,000,000. Union Crossing is situated on a lot that is 0.47 acre in size.

Contacts

broker

Austin Kelley

Kidder Mathews

broker

Ted Sipila

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 20,413 SF
  • Units 12
  • Lot Size 0.47 Acre
  • Additional Rent Contact for pricing
  • Year Built 1999
  • Year Renovated 2005
  • Date Updated Nov 19, 2024

Built in 1999, this two-story 12-unit single building complex is comprised of spacious 2-bed, 1-bath and 1-bed, 1-bath homes averaging 822 SF. Union Crossing is a value–add opportunity ripe for renovations. No major interior remodel work has been completed. Ownership has lightly turned over 5 of the 12 units with new plank flooring and new paint. In additional to light interior work, a new roof was installed in 2022. Investors will find value in renovating kitchens and bathrooms through renovation package (see page 8 of offering) along with long-term appreciation in this well-located asset. Union Crossing has very attractive assumable debt at 2.86% fixed through 2026, see loan note section, and is well positioned to offer new ownership immediate returns along with tremendous market growth potential.

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Getting around

  • 49/100

    Walk Score ®

  • 44/100

    Bike Score ®

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Location

  • City Tacoma, WA
  • Neighborhood Central Tacoma
  • Zip Code 98405
  • Market Seattle

Points of Interest

  • St Joseph

    1.61 miles

  • Saint Joseph

    1.61 miles

  • Hilltop District

    1.68 miles

  • 6th Ave

    1.81 miles

  • Tacoma General

    1.92 miles

  • Convention Center

    2.20 miles

  • Convention Center/South 15th Street

    2.21 miles

  • Theater District

    2.24 miles

  • Union Station

    2.24 miles

  • Union Station/South 19th Street

    2.24 miles

  • Electrify America

    0.25 miles

  • Fred Meyer Fuel Center

    0.65 miles

  • Arco

    0.71 miles

  • Shell

    0.80 miles

  • 7-Eleven

    0.85 miles

  • Spirit

    0.99 miles

  • Chevron

    1.03 miles

  • APP/CFN

    1.06 miles

  • Mobil

    1.08 miles

  • Tesla Supercharger

    1.63 miles

  • Center Street Park & Ride

    0.78 miles

  • Drop-off & Staff Parking

    1.67 miles

  • Visitor Parking & Drop-Off

    1.69 miles

  • Student Parking

    1.77 miles

  • Parking Lot L

    1.80 miles

  • Parking Lot K

    1.84 miles

  • Baker Center Parking Garage

    1.85 miles

  • Parking Lot A

    1.86 miles

  • Parking Lot I

    1.87 miles

  • 5th Street Parking Garage

    1.88 miles

  • 6th Avenue Goddess Short Term Rentls

    1.27 miles

  • Hotel Murano

    2.15 miles

  • Holiday Inn Express & Suites Tacoma Downtown

    2.16 miles

  • Marriott Tacoma Downtown

    2.16 miles

  • Extended Stay America - Tacoma - South

    2.19 miles

  • Courtyard Marriott - Tacoma Downtown

    2.22 miles

  • Silver Cloud Inn

    2.54 miles

  • Best Western Tacoma Dome Hotel

    2.70 miles

  • Tacoma Center Motel

    3.20 miles

  • Days Inn

    3.36 miles

  • Walmart Supercenter

    0.28 miles

  • Target

    0.33 miles

  • TJ Maxx

    0.41 miles

  • Fred Meyer

    0.64 miles

  • Ross

    1.26 miles

  • Marline's Deli & Health Foods

    1.35 miles

  • Safeway

    1.50 miles

  • Burlington

    1.83 miles

  • Nordstrom

    1.86 miles

  • Macy's

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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