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Executive Summary

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices.
The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors.
Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential.
The seller is open to a lease-back of the second or third floor, providing potential in-place income.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,047 SF
Building Class
B
Year Built
1997
Price
$2,500,000
Price Per SF
$310.67
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,682 SF
Slab To Slab
12’
Building FAR
0.32
Lot Size
0.57 AC
Zoning
C1
Parking
35 Spaces (4.3 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,804 SF
  • Office
  • -
  • 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

  • 2nd Floor
  • 4,315 SF
  • Office
  • -
  • 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

  • 3rd Floor
  • 1,928 SF
  • Office
  • -
  • 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

Space Size Space Use Build-Out Available
1st Floor 1,804 SF Office - 60 Days
2nd Floor 4,315 SF Office - 60 Days
3rd Floor 1,928 SF Office - 60 Days

1st Floor

Size
1,804 SF
Space Use
Office
Build-Out
-
Available
60 Days

2nd Floor

Size
4,315 SF
Space Use
Office
Build-Out
-
Available
60 Days

3rd Floor

Size
1,928 SF
Space Use
Office
Build-Out
-
Available
60 Days

1st Floor

Size 1,804 SF
Space Use Office
Build-Out -
Available 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

2nd Floor

Size 4,315 SF
Space Use Office
Build-Out -
Available 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

3rd Floor

Size 1,928 SF
Space Use Office
Build-Out -
Available 60 Days

This well-maintained, three-story office building offers a flexible opportunity for both owner-users and investors, ideal for medical, dental, wellness, or specialty healthcare uses. The interior features a modern, professional finish, making it move-in ready for a variety of practices. The building can be leased to a single tenant or divided by floor, with each level featuring its own private entrance—allowing for efficient multi-tenant configurations. Although there is no elevator, the layout supports practical use across all floors. Ample on-site parking ensures ease of access for both staff and patients. The property also benefits from strong visibility along Highway 16, offering excellent exposure and signage potential. The seller is open to a lease-back of the second or third floor, providing potential in-place income.

Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
449000-0660
Land Assessment
$566,800
Improvements Assessment
$1,410,900
Total Assessment
$1,977,700
  • Listing ID: 40586772

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 2914 S Alder St, Tacoma, WA 98409

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