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Retail Space in Apartment Development

1023 Martin Luther King Jr Way Tacoma, WA 98405

1023 Martin Luther King Jr Way, Tacoma, WA, 98405
$24,780 SF/Yr
For Lease
$24,780 SF/Yr

Ground floor retail space in a 289-unit apartment development.

Property Size12,390 SF
Days on Market180

Property Features for 1023 Martin Luther King Jr Way

General Information

Standard status
Active
Size
12,390 SF
Property subtype
Commercial

Building Details

Year Built
2025
Listing Agency FIRST WESTERN PROPERTIES - TACOMA, INC.
Listed by JUSTIN HOLMES
Source Corcoran
Added: Jan 21 Checked: Jul 20 at 4:06 am

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 FIRST WESTERN PROPERTIES - TACOMA, INC.


Investment Insights

Based on property information with market context.

This ground floor retail space is located beneath a 289-unit apartment development, which is nearing full occupancy. The space features 21-foot ceiling heights and includes on-site parking for retail customers. It is equipped with a shaft and grease trap, making it suitable for restaurant uses. The property offers 12390 square feet of space.

Key Highlights

  • Ground floor retail space under a nearly fully leased 289‑unit apartment development.
  • Grease trap and shaft already installed, ideal for restaurant use.
  • High 21‑foot ceilings.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant Electrical Service Mobile Phone Store Clothing & Fashion Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Ground floor retail space in a 289-unit apartment development.
Where is this retail space located?
The property is located at 1023 Martin Luther King Jr Way Tacoma, WA.
What is the lease rate?
The lease rate is $24,780.
What are key features of this property?
This property features: Ground floor retail space under a nearly fully leased 289‑unit apartment development.; Grease trap and shaft already installed, ideal for restaurant use.; High 21‑foot ceilings.
Contact an agent
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