Multi-Tenant Flex
For Sale
$1,550,000
102 South 26th St, Tacoma, WA 98402
Renovated flex property combining retail, residential, fitness, creative, and industrial uses in a multi-tenant configuration.
Property Size14,888 SF
Lot Size0.27 Acres
Price / SF$104.11
Days on Market47
Property Features for 102 South 26th St
General Information
Standard status
Active
Size
14,888 SF
Lot size
0.27 Acres
Property subtype
Retail
Occupancy
100%
Financials
Asking Price
$1,750,000
Cap Rate
7.12%
Site & Location
Neighborhood
New Tacoma
Building Details
Buildings
1
Building Size
14,888 SF
Tenancy
Multi
Listing Agency:
NAI Puget Sound Properties
Listed By:
Sam Johnson · License #138068
(425) 586-5620
Source:
Nai-psp
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 28 at 7:19AM
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 NAI Puget Sound Properties
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Investment Insights
Based on property information with market context.
Located at 102 South 26th St in Tacoma, Washington, this approximately 14,888-square-foot flex property occupies an approximately 11,700-square-foot parcel. The multi-tenant building includes neighborhood retail, creative, fitness, residential, and flex industrial users, along with an upstairs apartment.
Renovations include upgraded plumbing and electrical systems, space demising for multiple tenant configurations, and the addition of the apartment. The property is 100% occupied, with leases extending through 2030 and a current 7.12% cap rate. Its tenant mix and physical layout support a range of commercial and residential functions within one asset.
Renovations include upgraded plumbing and electrical systems, space demising for multiple tenant configurations, and the addition of the apartment. The property is 100% occupied, with leases extending through 2030 and a current 7.12% cap rate. Its tenant mix and physical layout support a range of commercial and residential functions within one asset.
Key Highlights
- Approximately 14,888 square feet on an approximately 11,700‑square‑foot parcel
- 100% occupied multi‑tenant flex property
- Current cap rate of 7.12%
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98402, WA
8,053
Population
4,788
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
6,711
Density / Sq Mi
$54,712
Median Household Income
$43,145
Median Earnings
$1,478
Median Rent
$558,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Mai's Catering — 3402 s g st, tacoma, wa 98418
- O’Sheas Catering — 3414 pacific ave, tacoma, wa 98418
- Aramark — 2727 E D St, Tacoma, WA 98421
- Aramark — 1500 Broadway, Tacoma, WA 98402
Frequently Asked Questions
What type of property is this?
Flex space - Renovated flex property combining retail, residential, fitness, creative, and industrial uses in a multi-tenant configuration.
Where is this flex space located?
The property is located at 102 South 26th St Tacoma, WA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 14,888 square feet on an approximately 11,700‑square‑foot parcel; 100% occupied multi‑tenant flex property; Current cap rate of 7.12%
