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    809 Tacoma Ave Tacoma, WA 98418

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    For Sale
    $1,269,000

    Mixed-use property in Tacoma's Lincoln District with development potential.

    Building Details

    Year built
    1916

    Source: VENTURE REAL ESTATE GROUP Agent TAMMIE TOM-FREEMAN

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

    Overview

    Tacoma Mixed-Use Revitalization Opportunity

    This mixed-use property is located in the heart of Tacoma's revitalized Lincoln District, presenting an investment or owner-user opportunity. The second level has framework with previous residential units, with the potential to build 12-13 studio or one-bedroom units on the upper level, complemented by 3-4 retail units on the main level. The main level includes an attached warehouse. Designated parking is available behind the building. The property is conveniently located minutes from Tacoma Mall, T-Mobile, 24 Hour Fitness, Safeway, and Target. It is situated within a growing and developing market in Tacoma, near multiple new development sites. The property is being sold "As Is".
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.459338
    Latitude
    47.269652

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Tacoma's Lincoln District with development potential.
    Where is this mixed-use property located?
    The property is located at 809 Tacoma Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,269,000.
    What are key features of this property?
    This property features: - Prime location in Tacoma's revitalized Lincoln District.; - High proforma CAP rate of 7.45%.; - Potential to build 12-13 studio/1-bed residential units on the upper level.
    Request Owner's contact information
    809 Tacoma Ave Tacoma, WA 98418
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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
    809 Tacoma Ave Tacoma, WA 98418
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