4/8/24

OFFICE BUILDING FOR SALE - Tacoma North End

My wife and i are putting our office building up for sale. Purchasing our own building was a significant part of our retirement strategy and now could be for you also. It is a lovely heritage craftsman style house with commercial zoning on Sixth Avenue, which is the fresh “hot” part of Tacoma with many new restaurants and stores, and just off Union Ave which has easy freeway access - so location couldn’t be better. Unlike most of the businesses on Sixth Ave, we also have a small five car parking lot in back so patients don't have to struggle with street parking.

There are two separate units in the building; the 1400 sq ft. downstairs, which was a medical doctor’s office when we bought it, and an 800 sq ft suite above with outside stair access from the parking lot. The zoning allows for owner occupation upstairs so you could get a home and office in one! The main office is wheelchair accessible and has a large charming waiting room (oak floors, fireplace with built-in bookcases) and large receptionist area with access to the adjoining dispensary and mud room. The mud room could be outfitted as a laundry room or used, as we did, as a lab and HIPAA compliant fax room. There are two commercially carpeted consulting rooms each with their own exam room; you can rent to an additional practitioner to pad the bottom line or the four rooms could be used separately; three are large rooms with lots of windows, two have sinks, and the small room has a bamboo forest wall. Think acupuncture, massage, or chiropractic possibilities as renters. The washroom is ADA compliant and situated between the exam rooms. Windows throughout the downstairs are fitted with custom made wood louvered shutters. The upstairs studio with cathedral ceilings was built as an owner’s suite complete with kitchen and 3/4 bath but could be rented out to another business if you don’t need living quarters - we had a counsellor who rented it from us the entire 27 years we were in practice there, which helped greatly with the mortgage payments.

The sale has just gone live with Commercial Advantage Realty and they have set the asking price on the high side to account for the potential owner financing option and generous allowances for updating and customizing. If you are interested, please contact Rick Thorp, a very nice local realtor who is familiar with naturopathic medicine, at office # 253-383-8800; email is rthorp@c-advantage.com Be sure to mention i sent you, as they have agreed to a lower commission for people we refer. Please pass this on to anyone else you think might be interested. Then when you are ready to retire, sell it or lease it out to fund your own retirement!

Yours in health,
Paul Reilly ND Lac