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709 106th St S 5,331 SF Retail Building Tacoma, WA 98444 $785,000 ($147.25/SF)
Investment Highlights
- Close to I-5 and 512
- Unfinished storage area for options plus nice storage yard
- Multi-Tenant capabilities
Executive Summary
Great opportunity to own a quality commercial building located just outside Tacoma city limits, offering the advantage of lower taxes while still providing quick access to Hwy 512 and I-5. This 3-story building offers plenty of versatility for a variety of uses. The remodeled main floor features a large conference room, five private offices, kitchen, bathroom, gathering room, and resource room. An unfinished apartment on the third floor offers potential for future rental income, while the ground level is well suited for automotive use, a workshop, or storage. Situated on a corner lot, the property has a large fully fenced yard in the rear with room for approximately 15 parking spaces. Updates include electrical, fire alarm, and security systems. A unique property with the space, access, and versatility to accommodate a wide range of business needs and future possibilities!
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$21,793,932
|
$5,066.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$21,793,932
|
$5,066.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $21,793,932 |
| Annual Per SF | $5,066.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $21,793,932 |
| Annual Per SF | $5,066.00 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,331 SF
Building Class
C
Year Built
1945
Price
$785,000
Price Per SF
$147.25
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.14 AC
Zoning
MSF
Parking
14 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 626000-1730 | Total Assessment | $382,000 (2026) |
| Land Assessment | $126,400 (2026) | Annual Taxes | $21,793,932 ($4,088.15/SF) |
| Improvements Assessment | $255,600 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
626000-1730
Land Assessment
$126,400 (2026)
Improvements Assessment
$255,600 (2026)
Total Assessment
$382,000 (2026)
Annual Taxes
$21,793,932 ($4,088.15/SF)
Tax Year
2025
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Contact the Sale Advisor
709 106th St S