Restaurant Building with Highway
6501 6th Ave Tacoma, WA 98406
6501 6th Ave, Tacoma, WA, 98406
$1,650,000
Pending
For Sale
$1,650,000
Pending
Restaurant building with real estate included, located near major businesses.
Property Size5,736 SF
Days on Market502
Property Features for 6501 6th Ave
General Information
- Standard status
- Pending
- Size
- 5,736 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agency
JCM PROPERTY MANAGEMENT
Listed by
JEFF COOMBE
Source
Corcoran
Added: Mar 6, 2025 Updated: Jul 6 at 7:42AM Checked: Jul 21 at 4:47AM
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 JCM PROPERTY MANAGEMENT
Investment Insights
Based on property information with market context.
This 5,736-square-foot building is located on a populated avenue in Tacoma, Washington, offering convenient access to Highway 16, both east and west. Situated in a plaza with ample parking, the property benefits from high visibility from the main street. The sale includes both the real estate and the business. The building features multiple large dining rooms and a bar area. Skylights in the entrance and a private alcove enhance the interior with natural light, while a covered outdoor patio provides an atmospheric space for outdoor dining. A new roof was installed in September 2025. The property is near major businesses such as Winco and Starbucks, and is located not far from the Tacoma Mall and other retail and restaurant establishments. It is also located across the street from Hunt Middle School.
Key Highlights
- Includes real estate in the business sale.
- High visibility location on a populated avenue.
- Ample parking options in a plaza setting.
Local Financial Insights For Specialty 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 | $114.9k | $20.04 |
| − Vacancy | −$4.6k | −$0.80 |
| EGI | $110.4k | $19.24 |
| − OpEx | −$27.6k | −$4.81 |
| NOI | $82.8k | $14.43 |
5,736 SF · lease $20.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,764 @ 7.0% cap · market cap 5.02%
Second Best
Retail
$986.0K
$862.8K – $1.15M
NOI $69,021 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,416 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Integrity Garage Door
Building Supply
Ben Dews Clubhouse ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Chef Bette Anne Curry Catering Company — 7104 6th Ave, Tacoma, WA 98406
- The Gourmet Niche — 7104 6th Ave, Tacoma, WA 98406
FAQs
What type of property is this?
Restaurant - Restaurant building with real estate included, located near major businesses.
Where is this restaurant located?
The property is located at 6501 6th Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Includes real estate in the business sale.; High visibility location on a populated avenue.; Ample parking options in a plaza setting.
