1 Tacoma AveTacoma, WA 98403

Property Details for 1 Tacoma Ave

Year built

2003

Construction

CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

15,729 SF

Zone code

NCX

Property type

Office properties

APN

2030110040

APU

2030110040

Description

This exceptional retail property, located in Pierce County, offers a fantastic opportunity for businesses seeking a vibrant and accessible location. The One Tacoma Building, a Class B property constructed in 2003, boasts a total of 15,729 square feet, with 2,747 square feet currently available for lease. The building features a single structure situated on a 0.13-acre lot, providing ample space and visibility. The property is zoned NCX and offers convenient access for customers and employees with a total of 51, 24, and 27 parking spaces available across different areas. The building is well-maintained and includes elevators for easy access to all levels. The multiple tenancy structure provides a diverse and thriving commercial environment. This is an ideal location for a variety of retail businesses seeking high foot traffic and excellent visibility. The available 2,747 square feet of space presents a blank canvas for your business to thrive. With its strategic location, ample parking, and modern amenities, this property represents a compelling investment opportunity in a growing market. Don't miss the chance to secure this prime retail space in the heart of Tacoma. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,256,306

  6.5%

  $3,928,898

  7%

  $3,648,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,217,951

  Geo Method

  $3,029,091

• Alternative Use

  Use

  Valuation

  Residential

  $4,871,834

  Hospitality

  $4,462,573

  Educational

  $3,712,808

  Medical

  $3,840,498

  Retail

  $5,775,480

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2644

Longitude

-122.447

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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