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1938 Milwaukee Way 5,950 SF Industrial Building Tacoma, WA 98421 $1,750,000 ($294.12/SF)
INVESTMENT HIGHLIGHTS
- Owner-User or Investor Opportunity
- Functional Building Layout
- Strong Power Infrastructure
- Strategic Location
- Heavy Industrial Zoning
- Ample Yard with Functional Access
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the opportunity to acquire a multipurpose industrial site located at 1938 Milwaukee Way in the heart of Tacoma’s Port Maritime Industrial District. The offering features a 5,950 SF building comprised of retail/showroom and industrial space, serviced by 3-phase power, one grade-level and two dock-high loading doors. The 0.88-acre securely fenced lot provides additional storage capacity and generous space for loading and maneuvering. With direct access to major freight corridors and the Port of Tacoma, the property is ideal for logistics, distribution, and maritime-related operations. The parcel's PMI (Port Maritime Industrial) zoning allows for a wide range of heavy industrial uses in one of the region’s most active and highly sought-after submarkets. For more information, please visit: https://www.marcusmillichap.com/properties/183834/deal-room/376222f0c82d78b7
PROPERTY FACTS
| Price | $1,750,000 | Rentable Building Area | 5,950 SF |
| Price Per SF | $294.12 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1960 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 0.88 AC | No. Dock-High Doors/Loading | 4 |
| Zoning | PMI - Port Maritime Industrial District | ||
| Price | $1,750,000 |
| Price Per SF | $294.12 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.88 AC |
| Rentable Building Area | 5,950 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 0.5/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 4 |
| Zoning | PMI - Port Maritime Industrial District |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 697000-0040 | Improvements Assessment | $243,600 |
| Land Assessment | $1,067,600 | Total Assessment | $1,311,200 |
PROPERTY TAXES
Parcel Number
697000-0040
Land Assessment
$1,067,600
Improvements Assessment
$243,600
Total Assessment
$1,311,200
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1938 Milwaukee Way
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