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    2356 Tacoma Ave S Tacoma, WA 98402

    For Sale
    $3,700,000

    58,300 SF building on 26,000 SF land for sale.

    Property size:
    58,300 SF

    Property Features for 2356 Tacoma Ave S

    General Information

    Standard status
    Active
    Size
    58,300 SF

    Building Details

    Year built
    1930

    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

    Redevelopment Opportunity in Tacoma

    This property presents a redevelopment opportunity, featuring a total building area of 58,300 square feet. The improvements include a 4-story building encompassing 48,000 square feet and a 2-story building with 10,300 square feet, complemented by a parking lot. The site occupies a total land area of 26,000 square feet. It is zoned DR (Downtown Residential).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4418516
    Latitude
    47.2389912

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    FAQs

    What type of property is this?
    Commercial land - 58,300 SF building on 26,000 SF land for sale.
    Where is this commercial land located?
    The property is located at 2356 Tacoma Ave S Tacoma, WA.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - Significant redevelopment opportunity with 58,300 SF of total building space.; - Includes a substantial 4-story building (48,000 SF) and an additional 2-story building (10,300 SF).; - Located on a 26,000 SF land area.
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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
    2356 Tacoma Ave S Tacoma, WA 98402
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