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    919 Market St Tacoma, WA 98402

    For Sale
    $1,450,000

    25,500 SF building on 9,184 SF site in Tacoma.

    Property Features for 919 Market St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1907

    Source: NAI PUGET SOUND PROPERTIES Agent DAVID DOUGLAS

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

    Overview

    Downtown Tacoma Redevelopment Opportunity

    The property features a 25,500 SF building situated on a 9,184 SF site. Constructed in 1931, the building includes 15,000 SF across two stories on Market Street, 7,500 SF on Court C, and a 3,000 SF mezzanine level. It offers flexible zoning (Downtown Commercial Core), allowing for most redevelopment schemes. The building has clear heights ranging from 8 to 18 feet and is equipped with heavy power (1200 amps – 480 3-phase, stepped down to 120/208v and 277v). A 10-foot grade-level door is located on the Court C level. Located in an Opportunity Zone, the property provides redevelopment incentives. The building is owner-occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tacoma Rubber Stamp ... Engraver Advance Marking Systems ... Sign Shop

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4415261
    Latitude
    47.2544386

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    FAQs

    What type of property is this?
    Investment property - 25,500 SF building on 9,184 SF site in Tacoma.
    Where is this investment property located?
    The property is located at 919 Market St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Flexible Downtown Commercial Core Zoning allows for most redevelopment schemes.; - Opportunity Zone provides significant redevelopment incentives.; - Heavy Power: 1200 amps – 480 3-phase.
    Request Owner's contact information
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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
    919 Market St Tacoma, WA 98402
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