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1102 Commerce St
Tacoma, WA 98402
Value-Add CBD Office w/ Cell Tower Income · Office Property For Sale
Investment Highlights
- This Class B office tower provides users and investors with modern infrastructure, versatile suite layouts, and a prime location in Tacoma’s CBD.
- Conveniently placed near The Tacoma Spur & Pacific Avenue commuter corridors and within walking distance of the Theatre District light rail station.
- Features include two elevators, secure 24-hour access, signage opportunities, and a landscaped entry with an art installation and water feature.
- Income is generated from an existing office tenant as well as two rooftop cell tower leases with AT&T and Verizon through 2028 and 2029.
Property Facts
Property Type
Office
Building Size
34,110 SF
Building Class
B
Year Built
1980
Percent Leased
17%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
3,632 SF
Building FAR
1.78
Lot Size
0.44 AC
Zoning
DCC - Downtown Commercial Core
Parking
33 Spaces (1.2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,904,300 | |
| Land Assessment | $2,152,800 | Total Assessment | $4,057,100 |
Property Taxes
Parcel Numbers
Land Assessment
$2,152,800
Improvements Assessment
$1,904,300
Total Assessment
$4,057,100
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