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    722 Broadway Tacoma, WA 98402

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    For Sale
    $3,500,000

    Two renovated buildings: office/retail and parking garage.

    Property size:
    24,000 SF

    Property Features for 722 Broadway

    General Information

    Standard status
    Active
    Size
    24,000 SF

    Building Details

    Year built
    1919

    Source: KIDDER MATHEWS Agent BENJAMIN NORBE

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

    Overview

    Office and Retail Buildings For Sale

    The offering includes two buildings: a four-story office and retail building with 24,000 square feet, and a three-story parking garage. The parking garage contains 62 parking stalls, four storage spaces, and a warehouse area, totaling 27,000 square feet. Both buildings were renovated in 2021.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Broadway apartments Apartment Building

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -122.4411719
    Latitude
    47.2568564

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    FAQs

    What type of property is this?
    Office building - Two renovated buildings: office/retail and parking garage.
    Where is this office building located?
    The property is located at 722 Broadway Tacoma, WA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Two buildings included: office/retail building and parking garage.; - Substantial square footage: **24,000 SF office/retail** and **27,000 SF parking garage/warehouse**.; - Recent renovations in 2021.
    Request Owner's contact information
    722 Broadway 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
    722 Broadway Tacoma, WA 98402
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