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    118 N Tacoma Ave, Unit | Tacoma Tacoma, WA 98403

    For Lease
    $20 SF/Yr ($7,325 /Mo)

    4,300 SF retail space with high visibility and great co-tenants.

    Property size:
    4,395 SF
    Lot size:
    4,395 SF

    Property Features for 118 N Tacoma Ave

    General Information

    Size
    4,395 SF

    Building Details

    Year built
    1945

    Source: Kyle Prosser Agent Kyle Prosser

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

    Overview

    Retail Space Near Stadium Thriftway

    This 4,300 SF building is located next to Shake Shake Shake, offering a storefront, a co-tenant, and visibility. Short or long-term leases are available. The property is near Stadium Thriftway, Moshi Moshi, Salamones Pizza, and Indo Street Eatery. This location presents a retail or office opportunity. The district is situated between the North Slope residential neighborhood, the Stadium Business District, and the Hilltop neighborhood. The area shares characteristics with Tacoma's downtown, featuring an urban environment and a large population of apartment-dwelling working-class residents. The area consists primarily of single-family homes, apartments, and condominium buildings, some with views of Commencement Bay. It is one of the retail markets in Tacoma.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4496756
    Latitude
    47.2646656

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    FAQs

    What type of property is this?
    Retail space - 4,300 SF retail space with high visibility and great co-tenants.
    Where is this retail space located?
    The property is located at 118 N Tacoma Ave, Unit | Tacoma Tacoma, WA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location in a high-demand retail market.; - Located next to a popular restaurant (Shake Shake Shake).; - Strong co-tenancy with proximity to established businesses (Stadium Thriftway, Moshi Moshi, Salamones Pizza, Indo Street Eatery).
    (253) 691-8696
    Request Owner's contact information
    118 N Tacoma Ave, Unit | Tacoma Tacoma, WA 98403
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    Tacoma, WA 98403
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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
    118 N Tacoma Ave, Unit | Tacoma Tacoma, WA 98403
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