1301-1305 Tacoma AveTacoma, WA 98402

For Sale
$13,000,000
Prime Tacoma Office, 153,600 SF

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 153,600 square foot Class B executive office building, situated on a 1.55-acre lot in Tacoma, WA (98402), presents a compelling investment opportunity. Built in phases between 1960 and 1980, this three-story building features 116,340 square feet of net rentable space, priced at $84.64 per square foot for a total asking price of $13,000,000. The property boasts ample parking with 380 spaces, conveniently located near downtown amenities and public transit. Its location within the Downtown Residential District zoning allows for diverse redevelopment possibilities. The building offers significant flexibility with six entrances and the largest floor plates in Tacoma, providing unparalleled adaptability for various uses. Historically occupied by government tenants, ensuring a stable rental history, new leases are currently under negotiation for vacant portions. This presents a unique opportunity for an owner-user, value-add buyer, or developer seeking to repurpose the unleased space. The property's address is 1301-1305 Tacoma Avenue S, with APN 2013110013 & 2013110020. The substantial size and prime location make this a highly attractive investment.

Highlights

  • $13,000,000 asking price for this Tacoma, WA office building.
  • 153,600 square feet, Class B office building with 116,340 square feet of net rentable space.
  • $84.64 per square foot price.
  • Built in 1960/1980, three-story building on a 1.55-acre lot in the Downtown Residential District.
  • 380 parking spaces available.
  • Located at 1301-1305 Tacoma Avenue S, Tacoma, WA 98402 (APN: 2013110013 & 2013110020).

Property Details for 1301-1305 Tacoma Ave

Property type
Office properties
Square Feet
153,600 SF
Class
B
Year Built
1960
Stories
3
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2501109
Longitude
-122.443328
1301-1305 Tacoma Ave, Tacoma, Washington

FAQs

What type of property is this?
Office property - Prime Tacoma Office, 153,600 SF
Where is the office property located?
The property is located at 1301-1305 Tacoma Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: $13,000,000 asking price for this Tacoma, WA office building.; 153,600 square feet, Class B office building with 116,340 square feet of net rentable space.; $84.64 per square foot price.
How can I contact the broker?
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1301-1305 Tacoma Ave
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