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    1301-1305 Tacoma Ave S | Tacoma Tacoma, WA 98402

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    For Sale
    $13,000,000

    Office building near transit with redevelopment potential in Tacoma, Washington.

    Property size:
    153 SF

    Property Features for 1301-1305 Tacoma Ave S | Tacoma

    General Information

    Size
    153 SF

    Source: John Bauder, CCIM Agent John Bauder, CCIM

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

    Overview

    Tacoma Avenue Office Building For Sale

    The property at 1305 Tacoma Avenue in Tacoma, Washington, is available for purchase. It is competitively priced, and the seller is reviewing offers as they are received. The building is conveniently located near transit and downtown amenities, offering a high parking ratio. The property is suitable for an owner/user to occupy up to 51,769 square feet, for a value-add buyer to lease the asset at market rates, or for a developer to repurpose the unleased portions of the building. It features the largest floor plates in Tacoma, six entrances, and secure parking under and adjacent to the building, providing flexibility. The property has historically been occupied by government tenants, creating a stable tenant base. New government leases are being negotiated for portions of the vacant space. The property size is 153 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm 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
    -122.4434106
    Latitude
    47.250138

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    FAQs

    What type of property is this?
    Office building - Office building near transit with redevelopment potential in Tacoma, Washington.
    Where is this office building located?
    The property is located at 1301-1305 Tacoma Ave S | Tacoma Tacoma, WA.
    What is the asking price?
    The asking price for this property is $13,000,000.
    What are key features of this property?
    This property features: - Large floor plates, the largest in Tacoma, offer unparalleled flexibility.; - Convenient location near transit and downtown amenities with suburban-level parking.; - Secure parking under and adjacent to the building.
    (253) 820-5822
    Request Owner's contact information
    1301-1305 Tacoma Ave S | Tacoma 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
    1301-1305 Tacoma Ave S | Tacoma Tacoma, WA 98402
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