919 Market StTacoma, WA 98402

Property Details for 919 Market St

Year built

1907

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.21 AC

Property size (Sq ft)

15,000 SF

Zone code

DCC

Property type

Office properties

APN

2009070030

APU

2009070030

Description

This exceptional 25,500 square foot multi-use building presents a unique redevelopment opportunity in the heart of Tacoma's vibrant downtown commercial core. Located at 919 Market Street, this two-story structure, built in 1931, offers a flexible layout ideal for a variety of uses. The property boasts 15,000 square feet of space on Market Street and an additional 7,500 square feet on Court C, complemented by a 3,000 square foot mezzanine. Ceiling heights range from 8 to 18 feet, providing ample vertical space. The building features substantial power capacity (1200 amps – 480 3-phase

• CAP approach

  CAP return

  Valuation

  6%

  $4,059,037

  6.5%

  $3,746,803

  7%

  $3,479,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,022,459

  Geo Method

  $2,888,700

• Alternative Use

  Use

  Valuation

  Residential

  $4,646,036

  Hospitality

  $4,255,744

  Educational

  $3,540,729

  Medical

  $3,662,500

  Retail

  $5,507,801

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2544

Longitude

-122.441

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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