Commercial Real Estate in Washington available for sale
Parking Garages For Sale

Parking Garages for Sale in Washington, USA

More details for 1421 N Division St, Spokane, WA - Retail for Sale

1421 N Division St

Spokane, WA 99202

  • Parking Garage
  • Retail for Sale
  • $1,315,950 CAD
  • 4,000 SF
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More details for 8030 Railroad Ave SE, Snoqualmie, WA - Retail for Sale

Snoqualmie Market Retail Center - 8030 Railroad Ave SE

Snoqualmie, WA 98065

  • Parking Garage
  • Retail for Sale
  • $3,733,141 CAD
  • 8,100 SF
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More details for TBD East Yonezawa Blvd, Moses Lake, WA - Land for Sale

Retail Land - TBD East Yonezawa Blvd

Moses Lake, WA 98837

  • Parking Garage
  • Land for Sale
  • $675,074 CAD
  • 0.54 AC Lot
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More details for 2000 Kentucky St, Bellingham, WA - Industrial for Sale

2000 Kentucky St

Bellingham, WA 98229

  • Parking Garage
  • Industrial for Sale
  • $9,350,168 CAD
  • 47,807 SF
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More details for 1008-1048 14th Ave, Longview, WA - Retail for Sale

1008-1048 14th Ave

Longview, WA 98632

  • Parking Garage
  • Retail for Sale
  • $3,324,504 CAD
  • 19,000 SF
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More details for 1804-1810 Tacoma Ave S, Tacoma, WA - Specialty for Sale

First Vocational Baptist Church - Tacoma - 1804-1810 Tacoma Ave S

Tacoma, WA 98402

  • Parking Garage
  • Specialty for Sale
  • $1,384,517 CAD
  • 4,800 SF
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More details for 101 S Gum St, Kennewick, WA - Sports & Entertainment for Sale

City Stars Club - 101 S Gum St

Kennewick, WA 99336

  • Parking Garage
  • Sports & Entertainment for Sale
  • $1,108,167 CAD
  • 7,557 SF
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More details for 8726-8736 S Hosmer St, Tacoma, WA - Multifamily for Sale

Indigo Apartments - 8726-8736 S Hosmer St

Tacoma, WA 98444

  • Parking Garage
  • Multifamily for Sale
  • $13,575,058 CAD
  • 91,000 SF
  • Air Conditioning
  • Fitness Center
  • Kitchen

Tacoma Multifamily for Sale - Univ. Place/Lakewood

MARKETING DESCRIPTION: Indigo Apartments is a true turnkey investment opportunity in one of the most sought-after rental markets in the Seattle area. The property underwent a complete renovation in 2024, converting the original 1983-built structure into a brand-new multifamily community with 91 units. After meticulous renovations, the property offers high-quality finishes and a compelling value proposition for new ownership. Post-renovation, all units feature vinyl plank flooring, custom cabinetry, stainless steel appliances, quartz countertops, and modern lighting. New ownership has the opportunity to increase net operating income over $100,000 by aligning rents with market rates and implementing minimal operational efficiencies. Building amenities include two on-site laundry facilities, a clubhouse, and ample surface parking, creating additional income opportunities. Located within the broad-based economy of the South Puget Sound, Indigo benefits from Tacoma's steady housing demand and proximity to popular attractions like the Tacoma Mall, major healthcare institutions, and the Port of Tacoma - the fourth-largest container gateway in North America. Tacoma offers a preferable cost of living at a 20% discount compared to Seattle, attracting a diverse renter base. The market is tightening, evidenced by positive net absorption projections through 2027 as construction starts slow down after the peak in 2024. This vibrant market provides a balanced urban living experience and a strategic advantage for investors looking to capitalize on Tacoma's future growth trajectory. INVESTMENT HIGHLIGHTS: Turnkey Asset Priced Below Replacement Cost: This garden-style property, originally built in 1983, underwent meticulous renovations in 2024, transforming it into a new multifamily community with high-quality interior finishes and abundant community amenities. Compelling Pricing: Indigo offers a strong value proposition with significant rent growth potential; market rents are projected to increase 12% over current rates. Significant Capital Improvements: Ownership invested over $3 million in capital improvements, remodeling all unit interiors; enhancements included restriping and resealing the parking lot, a complete remodel of the clubhouse and business office, upgrading electrical and plumbing systems, installing new gas boilers, and enhancing fire protection measures. High-End Amenities Offer Competitive Advantage: Spanning nearly three acres, this low-density property boasts highly attractive community amenities, such as a clubhouse with a coffee bar and entertainment center, leasing office, fitness center, gated entryway, and community laundry facilities; luxury apartment features include air conditioning, energy-efficient, stainless-steel appliances, private patios, wood-style flooring, and modern lighting fixtures. Ideal Unit Mix with Tremendous Upside: The property consists of 74 studios, 16 one-bedroom units, and a large two-bedroom unit, offering high rents per square foot and the opportunity to increase net operating income by 15% with minimal expense adjustments and by aligning rents with market rates. Prime Location: Tacoma provides a robust rental market and exceptional quality of life, supported by a diverse economy in healthcare, education, trade and transportation, and military defense; located just off Interstate 5, Indigo offers easy connectivity to employment hubs, outdoor activities, Lakewood Towne Center, and school systems. Bus and Light Rail Service: Indigo is an eight-minute drive from Hilltop Station, less than six miles from the St. Joseph Light Rail station, and 0.1 miles from Bus Line 55, which services Parkland, Lakewood, and Downtown Tacoma.

Contact:

Berkadia

Property Subtype:

Apartment

Date on Market:

2025-07-14

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More details for 3504-3536 NE 3rd Ave, Camas, WA - Retail for Sale

One Stop Shopping Center - 3504-3536 NE 3rd Ave

Camas, WA 98607

  • Parking Garage
  • Retail for Sale
  • $8,311,260 CAD
  • 38,850 SF
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More details for 611 W Columbia St, Pasco, WA - Office for Sale

611 W Columbia St

Pasco, WA 99301

  • Parking Garage
  • Office for Sale
  • $3,393,765 CAD
  • 8,100 SF
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More details for 733 7th Ave, Kirkland, WA - Office for Sale

Parkade Plaza - 733 7th Ave

Kirkland, WA 98033

  • Parking Garage
  • Office for Sale
  • $14,544,705 CAD
  • 25,251 SF
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More details for 8212-8218 Greenwood Ave N, Seattle, WA - Retail for Sale

8212-8218 Greenwood Ave N

Seattle, WA 98103

  • Parking Garage
  • Retail for Sale
  • $7,618,655 CAD
  • 12,930 SF
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More details for 1953 7th Ave, Longview, WA - Office for Sale

Pioneer Plaza - 1953 7th Ave

Longview, WA 98632

  • Parking Garage
  • Office for Sale
  • $4,848,234 CAD
  • 13,950 SF
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More details for 14619 Purdy Dr NW, Gig Harbor, WA - Office for Sale

14619 Purdy Dr NW

Gig Harbor, WA 98332

  • Parking Garage
  • Office for Sale
  • $1,378,284 CAD
  • 3,078 SF

Gig Harbor Office for Sale - Gig Harbor/W Pierce Co

Prime Commercial Opportunity in Purdy! Looking for the perfect location for your business? This versatile commercial property in desirable Purdy offers excellent visibility and ample space, presenting a unique opportunity for a variety of businesses, Situated directly off a high-traffic road, this building enjoys exceptional exposure and easy access for clients. The 3,078 sq ft building is currently configured into two separate suites, offering flexibility for tenants or the potential for an owner-user to occupy the entire space. The layout boasts approximately 12 offices, providing ample private workspaces, along with a dedicated reception area perfect for greeting clients and managing operations. This configuration is ideal for professional services, medical offices, or other businesses requiring a combination of private offices and client-facing space. The ability to combine the two suites into one large space offers even greater flexibility for future growth and expansion. One of the most significant features of this property is the large, paved parking lot. This abundance of parking is a rare find and a major asset for any business, ensuring convenient access for customers and employees. Adding to the appeal is a bonus lot located behind the building, offering a tranquil setting that backs up to a peaceful creek. This additional space could be utilized for a variety of purposes, from employee break areas to potential future development (subject to permitting).

Contact:

G Anderson Group LLC

Property Subtype:

Medical

Date on Market:

2025-02-24

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More details for 2001 W Lincoln Ave, Yakima, WA - Retail for Sale

2001 W Lincoln Ave

Yakima, WA 98902

  • Parking Garage
  • Retail for Sale
  • $2,493,378 CAD
  • 19,646 SF
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More details for 3714 S Hudson St, Seattle, WA - Retail for Sale

3714 S Hudson St

Seattle, WA 98118

  • Parking Garage
  • Retail for Sale
  • $4,543,489 CAD
  • 3,200 SF
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More details for 215 Prospect St, Bellingham, WA - Office for Sale

Downtown Commercial Building W/ Parking Lot - 215 Prospect St

Bellingham, WA 98225

  • Parking Garage
  • Office for Sale
  • $2,763,494 CAD
  • 5,567 SF
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More details for 17900 WA-536, Mount Vernon, WA - Land for Sale

Urban-Reserve Commercial Land - 17900 WA-536

Mount Vernon, WA 98273

  • Parking Garage
  • Land for Sale
  • $968,262 CAD
  • 2.99 AC Lot
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More details for Ballard Magnum Building & Parking Lot – for Sale, Seattle, WA

Ballard Magnum Building & Parking Lot

  • Parking Garage
  • Mixed Types for Sale
  • $25,280,083 CAD
  • 2 Properties | Mixed Types
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More details for 717 Vandercook Way, Longview, WA - Retail for Sale

711 & 717 Vandercook Way Package - 717 Vandercook Way

Longview, WA 98632

  • Parking Garage
  • Retail for Sale
  • $3,324,504 CAD
  • 11,562 SF
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More details for 4301 Aurora Ave N, Seattle, WA - Industrial for Sale

MagiCare Building - 4301 Aurora Ave N

Seattle, WA 98103

  • Parking Garage
  • Industrial for Sale
  • $3,463,025 CAD
  • 7,970 SF
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More details for 1605 N National Ave, Chehalis, WA - Industrial for Sale

1605 N National Ave

Chehalis, WA 98532

  • Parking Garage
  • Industrial for Sale
  • $9,668,073 CAD
  • 122,840 SF
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