$2,600,000
Est. $13,174/mo516 - 522 S 38th Street, Tacoma, WA 98418
• Listed 2025-06-14•207 days on market
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This premier commercial investment property presents a rare opportunity to acquire a fully functional, income-generating asset with strong long-term tenants in place and substantial upside potential. Located in a high-traffic area with excellent visibility and access, the property is anchored by a locally recognized urgent care center, a convenience store, and a well-established church. Additionally, the property features a vacant retail space offering room for expansion or increased income.
Open houses
No upcoming open houses scheduled for this property.
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516 - 522 S 38th Street, Tacoma, WA 98418
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 18, 2025 at 11:46am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Matthew Dosier • Best Choice Realty LLC
Listing updated: November 18, 2025 at 11:46am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2393061
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 26 days.
$385,000 Sold
3 days ago
2 bd•1 ba
1216 S 37th Street, Tacoma, WA 98418
4%
Under list
—
Days on market
0.6 mi
Distance
$506,000 Sold
5 days ago
4 bd•3 ba•~1,485 sq ft•Single Family
3827 S Cushman Avenue, Tacoma, WA 98418
7%
Over list
—
Days on market
0.7 mi
Distance
$196,000 Sold
2 weeks ago
2 bd•1 ba•~907 sq ft•Single Family
4317 S D Street, Tacoma, WA 98418
26%
Under list
—
Days on market
0.4 mi
Distance
$415,000 Sold
2 weeks ago
2 bd•1 ba•~720 sq ft•Single Family
3610 S Ainsworth Avenue, Tacoma, WA 98418
0%
Over list
—
Days on market
0.8 mi
Distance
$453,000 Sold
2 weeks ago
3 bd•1 ba•~2,343 sq ft•Single Family
3839 S G Street, Tacoma, WA 98418
1%
Over list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.