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Park Plaza
502 - 512 112th St S Tacoma WA 98444
Listing #: 704083 | Status: Available | Last Modified: 4/23/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 155,705 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 35,878 |
| Net Operating Income | 112,041 |
| CAP Rate | 5.16 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| Total Building SF | 20,224 SF |
| Net Rentable Area | 20,224 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 52,098 SF |
| Acres | 1.2 |
| Year Built | 1959 |
| Year Renovated | 1988 |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | Pierce |
| Market Area | Parkland/Midland |
| Tax ID # | 6905004741 |
| Zoning | UCOR |
Park Plaza
Great opportunity to own a 20,000 square foot +/- commercial building in Parkland. First time on the market in over 50 years. A good mix of tenants. Very low vacancy. The adjacent 1/2 acre +/- vacant lot is available (Parcel #031909-2-059). Urban Corridor (UCOR): Maximum density of 60 housing units per acre and generally a maximum height of 55 feet. 76 parking spaces! Buyer to verify all information. Call today for more details.
Park Plaza
502 - 512 112th St S Tacoma WA 98444
Listing #: 704083 | Status: Available | Listing Date: 10/18/2025 | Last Modified: 4/23/2026 | Email Listing
For Sale
Park Plaza
