2705 Pacific AveTacoma, WA 98402

Property Details for 2705 Pacific Ave

Year built

1931

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.30 AC

Property size (Sq ft)

13,000 SF

Zone code

WR

Property type

Flex space

APN

2077130020

APU

2077130020

Description

This exceptional 29,120-square-foot warehouse, situated on a 13,000-square-foot lot in central Tacoma's business district, presents a compelling redevelopment opportunity. The property boasts 165 feet of frontage on Pacific Avenue and 130 feet on South 27th Street. This two-story building, constructed in 1931 and renovated in 1975, features a main floor of 13,000 square feet, including offices and a 12-foot roll-up loading dock accessible from the alley. The lower level, also 13,000 square feet, offers an 11-foot roll-up loading dock with drive-in access, accommodating forklifts with its 12-foot clearance. Several office spaces are included, notably a fully equipped radio frequency safe room. A 3,100-square-foot mezzanine adds further versatility. The building benefits from full sprinkler systems. The Warehouse Residential (WR) zoning allows for diverse uses, including warehousing, business, commercial applications, and multi-family dwellings, subject to a 100-foot height restriction. This historically significant property, once the King Roller Rink, offers significant potential for a savvy investor or owner-user. The asking price is $1,950,000, with a price per square foot of $66.96. The property includes two parcels and features open floor plans with full truss spans. Two loading docks are available. The property is currently owner-occupied. The APN is 2077130020.

• Alternative Use

  Use

  Valuation

  Residential

  $4,026,564

  Hospitality

  $3,688,312

  Educational

  $3,068,632

  Medical

  $3,174,167

  Retail

  $4,773,428

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2367

Longitude

-122.434

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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