Retail Storefront
1115 & 1113 A St Tacoma, WA 98402
For Sale
$2,550,000
Retail storefront property offered for sale at 1115 and 1113 A St in Tacoma.
Property Size17,000 SF
Price / SF$150
Days on Market138
Property Features for 1115 & 1113 A St
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1923
Listing Agency:
Kidder Mathews - Tacoma
(253) 722-1433
Listed By:
Drew Frame · License #130281
(253) 722-1433
Source:
Kidder
Added: Mar 7
Changed: Jul 22
Last Checked: Jul 22 at 8:00PM
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.
This retail storefront property is offered for sale and includes two street addresses, 1115 & 1113 A St, Tacoma, WA. The asset totals 17,000 square feet, providing room for multiple retail configurations within the existing storefront format.
The property’s address is the primary location detail available at this time. Please contact us for additional information on unit layout, leasing status, and any included improvements or configurations.
The property’s address is the primary location detail available at this time. Please contact us for additional information on unit layout, leasing status, and any included improvements or configurations.
Key Highlights
- Retail storefront property for sale at 1115 and 1113 A St in Tacoma
- Year built: 1923
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $306.0k | $18.00 |
| − Vacancy | −$13.8k | −$0.81 |
| EGI | $292.2k | $17.19 |
| − OpEx | −$87.7k | −$5.16 |
| NOI | $204.6k | $12.03 |
17,000 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.92M
$2.56M – $3.41M
NOI $204,561 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.23M
$4.57M – $6.10M
NOI $365,772 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
McCallum & Sons Whisky ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail space - Retail storefront property offered for sale at 1115 and 1113 A St in Tacoma.
Where is this retail space located?
The property is located at 1115 & 1113 A St Tacoma, WA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Retail storefront property for sale at 1115 and 1113 A St in Tacoma; Year built: 1923
