2702 6Th AveTacoma, WA 98406

Property Details for 2702 6Th Ave

Year built

1926

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

5,000 SF

Zone code

NCX

Property type

Retail properties

Property subtype

Retail space

APN

9100000950

APU

9100000950

Description

This exceptional 5,000-square-foot retail storefront, located at 2702 6th Ave in Tacoma, Washington, presents a remarkable investment opportunity. Situated on a 0.115-acre lot in the vibrant Pierce County area (zip code 98406), this vacant property boasts high visibility due to its prominent location at the intersection of 6th Ave and S Oakes St. The building offers an open floor plan, ideal for a variety of retail or restaurant uses. Previous improvements include a fully installed hood and kitchen system, providing a significant advantage for food-related businesses. The property also benefits from readily available street signage, enhancing its marketing potential. The asking price for this turnkey retail space is $1,500,000. This is a rare chance to acquire a well-positioned, fully equipped retail building in a thriving Tacoma location. The property's size and features make it suitable for a wide range of businesses seeking a high-traffic location with excellent visibility. Don't miss this opportunity to establish your business in a prime Tacoma commercial area. Contact us today to learn more.

• CAP approach

  CAP return

  Valuation

  6%

  $1,988,928

  6.5%

  $1,835,934

  7%

  $1,704,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,378,866

  Geo Method

  $2,426,508

• Alternative Use

  Use

  Valuation

  Residential

  $1,548,679

  Hospitality

  $1,418,581

  Educational

  $1,180,243

  Medical

  $1,220,833

  Retail

  $1,835,934

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2552

Longitude

-122.472

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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