High-Visibility Mixed-Use
For Sale
Contact for pricing
1016 S TENTH ST, Tacoma, WA 98405
Exceptional property with high potential in a transforming urban core.
Property Size19,024 SF
Price / SF$125.63
Days on Market266
Property Features for 1016 S TENTH ST
General Information
Standard status
Active
Size
19,024 SF
Property subtype
Special Purpose
Building Details
Year Built
1950
Stories
1
Units
1
Listing Agency:
The Wynn Group
Listed By:
Mary Wynn · License #104336
(253) 509-0449
Source:
Crexi
Added: Jan 27
Changed: Oct 10
Last Checked: Oct 20 at 7:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wynn Group
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Investment Insights
Based on property information with market context.
Located along the high-visibility Martin Luther King Jr. Way, this property offers exceptional potential in a rapidly transforming corridor with multiple nearby developments already underway. Zoned Neighborhood Commercial Mixed-Use (NCX), the site provides flexibility for various uses, including retail, office, multi-family housing, or a mixed-use concept. The zoning allows building heights up to 45 feet. The existing structure features 20-foot vaulted ceilings and a two-level seating area suitable for events, church, or community gatherings. It also includes multiple professional offices, a reception area, break rooms, and ADA-compliant restrooms. The property has an expansive 12,996 square feet finished basement and a new roof installed in 2018. The property offers a gateway into Tacoma’s growing urban core, surrounded by active investment and community renewal. The property size is 19,024 square feet.
Key Highlights
- High‑visibility location on Martin Luther King Jr. Way in a rapidly developing area.
- Zoned Neighborhood Commercial Mixed‑Use (NCX) allowing for retail, office, multi‑family housing, or mixed‑use development.
- Existing structure features a rare and expansive 12,996 SF finished basement.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,107
Businesses Nearby
Explore this area
Business Placement
Demographics for 98405, WA
24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Exceptional property with high potential in a transforming urban core.
Where is this mixed-use property located?
The property is located at 1016 S TENTH ST Tacoma, WA.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: High‑visibility location on Martin Luther King Jr. Way in a rapidly developing area.; Zoned Neighborhood Commercial Mixed‑Use (NCX) allowing for retail, office, multi‑family housing, or mixed‑use development.; Existing structure features a rare and expansive 12,996 SF finished basement.
