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    301 25Th St Tacoma, WA 98421

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    For Sale
    $1,500,000

    Restaurant, banquet room, and apartments near Tacoma Dome.

    Property size:
    8,904 SF

    Property Features for 301 25Th St

    General Information

    Standard status
    Active
    Size
    8,904 SF

    Building Details

    Year built
    1904

    Source: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES Agent ZACHARY OTA

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

    Overview

    Corner Building with Restaurant

    This corner building offers great visibility and includes a restaurant on the main floor, a banquet room on the second floor, and vacant apartments on the third floor. Constructed in 1904 and remodeled in 1975, the property is zoned Downtown Mixed Use (DMU) by the City of Tacoma, allowing for a maximum building height of 100 feet. The property is located blocks away from the Tacoma Dome, Sounder Transit station, and Tacoma Link Light Rail, with easy access to major highways and proximity to downtown Tacoma. The surrounding area features approximately 1,000 newly built multi-family units. The property size is 8,904 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The New Frontier Lounge Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Aramark

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.430546
    Latitude
    47.2397119

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    FAQs

    What type of property is this?
    Restaurant - Restaurant, banquet room, and apartments near Tacoma Dome.
    Where is this restaurant located?
    The property is located at 301 25Th St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High-visibility corner building in a prime downtown location.; - Downtown Mixed Use (DMU) zoning allows for a variety of development options.; - Proximity to Tacoma Dome, Sounder Transit, and Tacoma Link Light Rail.
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    301 25Th St Tacoma, WA 98421
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    Tacoma, WA 98421
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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
    301 25Th St Tacoma, WA 98421
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