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    401 Broadway Tacoma, WA 98402

    For Sale
    $2,875,900

    Luxury Tacoma office building, stunning views.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This rare opportunity presents the chance to acquire the iconic Blackwell Mansion, a magnificent 8,742 square foot commercial property located at 401 Broadway in Tacoma, Washington. Boasting breathtaking views of the Port of Tacoma, Commencement Bay, and Mount Rainier, this three-story Class B building offers a unique blend of historical charm and modern amenities. The property includes a luxurious penthouse apartment, currently operating as an Airbnb, featuring an open-concept kitchen, living, and dining area, vaulted ceilings, two bedrooms, and two bathrooms. The remaining floors comprise executive office suites, including a substantial 2,000 square foot suite, a welcoming reception area, conveniently located kitchenettes, shared conference rooms, and ample common areas. Architectural details such as a grand staircase, exquisite stained-glass windows, and fine woodwork throughout add to the property's undeniable elegance. The building's prime location places it within easy walking distance of the Stadium, the Light Rail, and downtown Tacoma, ensuring convenient access for tenants and clients. Modern updates include high-speed internet access, energy-efficient mini-split air conditioning and heat pumps, electronic locking systems, security cameras, and a comprehensive alarm system, providing both comfort and security. Priced at $2,875,900, this exceptional property represents a truly unique investment opportunity in the heart of Tacoma. The property sits on a 0-acre lot.

    Property Features for 401 Broadway

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1889
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Teresa Maples Zuvela ... Counselor Tacoma Workspace Coworking Space Marisa Bell Nurse Practitioner Harder Foundation Non-Profit Organization The Money Store Mortgage Lender

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Law Firm Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4428
    Latitude
    47.26082

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    FAQs

    What type of property is this?
    Commercial real estate - Luxury Tacoma office building, stunning views.
    Where is this commercial real estate located?
    The property is located at 401 Broadway Tacoma, WA.
    What is the asking price?
    The asking price for this property is $2,875,900.
    (206) 858-6800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Broadway Tacoma, WA 98402
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