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    2156 Pacific Ave Tacoma, WA 98402

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    For Sale
    $5,500,000

    Three-story office/school building in downtown Tacoma near University of Washington.

    Property size:
    23,400 SF

    Property Features for 2156 Pacific Ave

    General Information

    Standard status
    Active
    Size
    23,400 SF

    Building Details

    Year built
    1929

    Source: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES Agent JOHN BAUDER, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Tacoma Office/School Building

    This is a three-story office building suitable for single or multi-tenant use. The property features an office/school buildout, including classrooms, restrooms, and an elevator. It is located in downtown Tacoma, adjacent to the University of Washington and the Brewery Blocks Tacoma. The building has a total size of 23400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bayview Recovery Addiction Treatment Center Angela Frye Psychologist Student Financial Aid ... Financial Institution

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4362928
    Latitude
    47.241191

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    FAQs

    What type of property is this?
    Office building - Three-story office/school building in downtown Tacoma near University of Washington.
    Where is this office building located?
    The property is located at 2156 Pacific Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime downtown Tacoma location, adjacent to University of Washington and Brewery Blocks.; - Three-story building suitable for single or multi-tenant use.; - Office/School buildout with classrooms and restrooms.
    Request Owner's contact information
    2156 Pacific Ave Tacoma, WA 98402
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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
    2156 Pacific Ave Tacoma, WA 98402
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