Log In/Sign Up
Your email has been sent.
TACOMA OWNER/USER // REDEVELOPMENT 622 Tacoma Ave S 8,277 SF 51% Leased Office Building Tacoma, WA 98402 $1,450,000 ($175.18/SF)
INVESTMENT HIGHLIGHTS
- Office building with strong potential to create strong cash flows indefinitely.
- Initial planning for a 7-story vertical mixed-use development: 79,122 GSF; 46,140 SF Residential + 1,653 SF Commercial Spaces
- The building can be half-occupied by owner-user ASAP, and 100% occupied by mid-2025, or be leased out to market.
- Anchored by UW Tacoma campus and centrally located in fast growing area.
EXECUTIVE SUMMARY
The building can be half-occupied by owner-user ASAP, and 100% occupied with 135-day notice.
Additionally, Johnston Architects has conducted initial planning for a vertical mixed-use (primarily apartment) development. These plans envision a 7-story project containing 79,122 Gross SF 46,140 SF of residential plus 1,653 SF of commercial spaces.
Additionally, Johnston Architects has conducted initial planning for a vertical mixed-use (primarily apartment) development. These plans envision a 7-story project containing 79,122 Gross SF 46,140 SF of residential plus 1,653 SF of commercial spaces.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
8,277 SF
Building Class
C
Year Built
1956
Price
$1,450,000
Price Per SF
$175.18
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,139 SF
Slab To Slab
9’
Building FAR
0.51
Lot Size
0.37 AC
Zoning
DR - DR: Downtown Residential District
Parking
24 Spaces (2.9 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Balcony
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 200612-0040 | Improvements Assessment | $1,000 |
| Land Assessment | $1,050,100 | Total Assessment | $1,051,100 |
PROPERTY TAXES
Parcel Number
200612-0040
Land Assessment
$1,050,100
Improvements Assessment
$1,000
Total Assessment
$1,051,100
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
TACOMA OWNER/USER // REDEVELOPMENT | 622 Tacoma Ave S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.