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Historic Downtown Tacoma Office Building
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1107-1109 Tacoma Ave S, Tacoma, WA 98402

Professionally improved office building in the heart of Downtown Tacoma.

Property Size6,400 SF
Price / SF$171.88
Days on Market104

Property Features for 1107-1109 Tacoma Ave S

General Information

Standard status Active
Size 6,400 SF
Class C
Total Parking Spaces 13
Property subtype Office
Zoning DMU. Downtown Mixed Use
Occupancy 20%
Investment Type Owner/User

Building Details

Year Built 1888
Year Renovated 1983
Buildings 1
Stories 2
Units 13
Tenancy Single
Listing Agency: Kidder Mathews Tacoma
Listed By: ryan kershaw · License #25001401
Source: Crexi
Added: May 21 Changed: Aug 8 Last Checked: Aug 28 at 2:47PM

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 Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

The Alexander Parker Building in downtown Tacoma presents a rare opportunity to acquire a professionally improved office building. Originally constructed in 1888, this masonry structure stands as one of the oldest surviving commercial structures in Downtown Tacoma. The building has served as a cornerstone of Downtown commerce for over 135 years, housing dry goods merchants, milliners, taverns, nightclubs, apartments, and law offices across its lifetime. The brick arrived in Tacoma as ballast aboard sailing ships from England. The current owner, a practicing attorney, moved his law office into the building in 1983 and has served as its steward for over four decades. This asset presents a compelling owner/user opportunity for a professional services or legal firm seeking a prominent Downtown presence next to the courthouse with on-site parking. The property has a size of 6400 square feet.

Key Highlights

  • Prime Downtown Tacoma location next to the courthouse.
  • Rare owner/user opportunity for professional services or legal firm.
  • On‑site parking.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Clothing & Fashion Store Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,351
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professionally improved office building in the heart of Downtown Tacoma.
Where is this office building located?
The property is located at 1107-1109 Tacoma Ave S Tacoma, WA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime Downtown Tacoma location next to the courthouse.; Rare owner/user opportunity for professional services or legal firm.; On‑site parking.
(253) 722-1433 Call to check price and availability
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