Tacoma, WA Property For Sale and Lease

Seven story office building in excellent location adjacent to the Tacoma Mall. Numerous shops and restaurants nearby. Great access to I-5 and Hwy 16. Free parking. Tax ID #: 7735000067

Mostly level .85 ac lot close to Golden Given/128th intersection. Plans available for church with sanctuary occupancy of 86. Septic design available along with architectural plans. Approved preliminary site plan. Rural Separator zoning with variable uses ie Daycare center (fewer than 25); SF housing; religious assembly to 10,000 sf; etc. Septic plan available for SF also.

Legacy Ridge is a three-story, 40-unit apartment community originally constructed in 2015 with most of the unit interiors renovated from 2021 to present. The property offers an attractive unit mix of (16) One Bedroom/One Bath units and (24) Two Bedroom/Two Bath units measuring approximately 580 square feet and 951 square feet respectively. To date, approximately 40% of the One Bed units and 75% of the Two Bed units have received interior renovations under the current ownership, at an average cost of $8K - $10K per unit.

Legacy Ridge offers prospective investors an enticing opportunity to acquire a high-yielding, new construction asset that has recently undergone significant capital improvements to capture top-quality tenants and rent levels. Legacy Ridge is uniquely positioned between the private capital and institutional investment spaces, with the scale and income to support full time professional management while delivering notably above market cash on cash returns.

In addition to offering an approximately 7% cash on cash return with new interest-only financing from Day 1, there is an additional $100K per year in rental income upside through recapturing loss to lease, based on the latest lease rents achieved. Further potential upside would likely come organically, with the South Tacoma submarket demonstrating 9.6% annual average rent growth over the trailing 5-years, and 11.99% since 2021.

See listing agents for OM.

Unique warehouse space located right off of South Tacoma Way. The space is accessed at the far South end of the building located at 6220 South Tacoma Way on the lower level. There is one roll up door and newly installed LED lighting. Zoning is M-1 City of Tacoma (light industrial). Many uses are allowed use as well.

Opportunity to acquire Century Theatres at The Shops at Point Ruston (the “Property”), a best-in-class theater located in Tacoma, Washington, just south of Seattle. The offering benefits from one mile of unobstructed Puget Sound waterfront making it one of the top waterfront retail destinations in the Pacific Northwest. In total, the Property consists of 35,561 SF and is 100% leased to Century Theatres, Inc. Century Theatres is operated by Cinemark, a leader in the motion picture exhibition industry with 490 theaters and 5,629 screens in the U.S. and Latin America. Furthermore, the luxury theater features Century's industry leading technology which focuses on providing customers with the best digital entertainment experience possible. The Property is part of the greater Point Ruston master-planned community encompassing 50 acres of publicly accessible parks, 60,000+ SF of office, and 1,800+ apartment and condominium units located just 10 minutes from downtown Tacoma.

Opportunity to acquire Building 8 at The Shops at Point Ruston (the “Property”), a best-in-class, multi-tenanted and stand-alone retail property in Tacoma, Washington, just south of Seattle. The offering benefits from one mile of unobstructed Puget Sound waterfront making it one of the top waterfront retail destinations in the Pacific Northwest. In total, the Property consists of 9,826 SF and is 100% leased to a diverse mix of boutiques, a prolific credit union, and a medical tenant. The Property is part of the greater Point Ruston master-planned community encompassing 50 acres of publicly accessible parks, 60,000+ SF of office, and 1,800+ apartment and condominium units located just 10 minutes from downtown Tacoma.

This offering includes two classic brick buildings with a combined total of 63 units, conveniently situated in the burgeoning Stadium District neighborhood of Tacoma, Washington. These well-maintained assets have undergone updates throughout the years and are poised for a value-add reposition. In 1989, the buildings underwent a significant renovation, which included updating plumbing, electrical systems, and windows. In 2005, the buildings received further capital investment, improving the kitchens and bathrooms. Recently, 23 of the units were remodeled to meet today’s standards, featuring new shaker cabinets, quartz countertops, and LVP flooring.

Exciting opportunity to open your business in this spacious 3528 sqft commercial building in the heart of Tacoma's Lincoln International Business District. Recently remodeled, this restaurant building is located on busy G Street equipped with class 1 commercial exhaust hood. Property sits on 7100 SF lot with ample parking in back with new pavement. Tenant may sublease. Great visibility next to Post Office. Possible uses for NCX zoning: retail, restaurant, cafe...etc...Close to Safeway, T-Mobile, 24 Hour Fitness, Starbucks, Target and Tacoma Mall. Tenant to verify all.

Office space available in central Stadium district, at the corner of Division and North K Streets. This pristine space is located in the Courtyard buildings of Christ Church Parish and includes 2,034 SF with an exclusive upstairs area of eight offices, a 10-person conference room, an IT room, and two bathrooms that are all ready for your move-in at the end of April. Also included is a shared lobby area and possible scheduled use of the church Courtyard. Other large meeting rooms available by appointment but not included in the rent. Two assigned off street parking spaces included, additional spaces negotiable. Tenant to verify all information to their satisfaction.

AREA AMENITIES

Located in the heart of the Tacoma CBD with numerous restaurants and retail within walking distance. Directly adjacent to the Tacoma Farmers Market. Many area attractions such as museums, theaters, parks and breweries are a short walk or light rail ride away.

BUILDING AMENITIES

- Covered Sky Bridge to City Parking Garage

- On-site Cafe

- Updated Common Areas

- New Tenant Lounge and Conferencing Center (Summer 2022)

Tax ID #: 2009040130

Opportunity to purchase one of Tacoma’s premier development sites, the 12th & A Street parking lot. Located in the heart of the Financial District and immediately adjacent to freeway on and off ramps, the site is ideally situated for development. The Downtown Commercial Core zoning has a height limit of 400’; initial studies and drawings indicate an ability to build nearly 275,000 square feet of office, retail, hospitality, and/or multifamily. Interim parking income and extensive pre-development/due diligence work provides a developer a clear path forward. This site also falls within a Qualified Opportunity Zone.

The 12th & A Street property, one full city block and ±32,837 SF of land with additional underground parking, provides a developer the ability to construct a building with uninhibited water and mountain views. Additional feasibility studies for a hotel/apartment building have also been conducted.

Westgate Center 2nd floor office space with plenty of natural light, 5/1000 parking, signage available on the building and the large pylon sign, over 21,000 cars per day. Divisible to 2,600 SF and 5,600 SF spaces. Newer building with updated systems, nearby amenities with restaurants, shopping and banks.

Located in the Westgate area of North Tacoma just off North 21st and Pearl St.

Warehouse/office space with private offices, 2 restrooms, reception area, and direct front and back entrances. Landlord ready to convert 1,920 SF to warehouse with 1 grade-level loading door and 11' - 12' ceiling height.

For Lease or Sale

YARD : 2.4 Acres (105,661 SF)

SALE PRICE : $2,400,000

RENT : $20,000/Month ($0.19 PSF) NNN

SITE : Flat, Graveled, Fenced

ZONING : Employment Corridor (Ecor)

ALLOWABLE USES : Contractor Yard, Industrial Services and Repair, Manufacturing, Warehousing and Distribution

AVAILABLE NOW

EASY ACCESS TO HWY 512

Owner financing and Great Office space on the corner with 12 parking spaces. 1500 Square feet. Gas Heat and Sewer too .. Address: 1129 E 72ND ST Zoning is C-2 - General Community Commercial District Uses: Office, Retail, Restaurant, Drive Through, Gas Station, Self Storage, Large Scale Retail, Personal Services Maximum Height Limit: 45 feet

• Prime downtown location

• Quick and easy access to Port of Tacoma, I-5, and Hwy-16

• Grade-level loading

• 3-phase power

Signalized 1.53 acre corner lot in Frederickson with NCOR zoning! Surrounded by SF and MF. Utilities in street

» 3 Building Industrial Park (584,068 SF)

» 40.86 Total Acres

» Zoned: ECOR (Employment Corridor)

» Located 5 miles to SR-512

» Signalized Entry to Park

» Amenities at Corner of 176th Street E & Canyon Road E

» Nearby Tenants Include: Amazon, Ace

Hardware, Ikea, Boeing & Best Buy & LG Electronics

-Canyon Point

10,676 sq ft Commercial Class A Office Condominiums in Downtown Tacoma The St Helens Building is a Historic 1889 "Land-marked" Building, Previously the Elderidge Hotel & 1st YMCA in Tacoma. Fully renovated in 2007 includes Seismic Retrofitting, Electrical, Sprinklers & Elevator. The Office with its Main Entrance off St Helens has a Opne Reception area. Three Levels of Office one up and one down have 20+ Nice Sized Private Offices & a number of Conference Rooms. Break-rooms & Baths on all floors. 6 Bathrooms total, two have showers for those bike commuters or have gym onsite. Lower level has a small Hair Salon. Access via elevator or stairs to Broadway or St Helen's Ave. 5593 sqft Two Story Penthouse with Rooftop Deck also Available for sale

End cap space with lots of glass storefront facing Tacoma Ave and 23rd. Space is flexible shell ready for any number of build out options. Parking on site and free on street.

In the heart of the growth of downtown Tacoma, a multi-Tenant FLEX property is awaiting a new owner. The building at 2321-2323 Tacoma Ave S (parcel #2805000210)has been the home to a recording studio and audio equipment store/warehouse for almost 35 years. With approximately 6,864 total sqft, this half warehouse half retail property, would be perfect for a business owner that needs a good amount of storage for his inventory/product while also potentially receiving rental income by Leasing out the adjacent suite. In addition, a fenced in yard that opens to the alleyway is a unique feature and not common to many properties in the area. Finally, with the tremendous amount of population growth in Tacoma, a developer could start from scratch by tearing down the current building and starting from scratch. The possibilities are endless, and the location is tremendous. You just have to see for yourself.

New Construction 12 plex with 12 year tax abatement. City will be repaving the entire street and adding sidewalks within a year. All 12 units have washer/dryers, dishwashers & HP mini splits for heat & AC. Property will have two wrought iron gates on front and back entrances prior to sale closing. 6 rentable garage spots & 6 rentable 75 sq ft storage units. Great cash flow & long term asset potential. High quality construction, building will have minimal maintenance and repairs for years to come.