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    409-411 East 26Th St Tacoma, WA 98421

    For Sale
    $2,200,000

    Multi-tenant building and parking lot near Tacoma Dome for sale.

    Property size:
    5,648 SF
    Lot size:
    0.45 Acres

    Property Features for 409-411 East 26Th St

    General Information

    Size
    5,648 SF
    Lot size
    0.45 Acres

    Source: Commercial Advantage Real Estate Agent Rick Thorp

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

    Overview

    Multi-Tenant Building Near Tacoma Dome

    Located one block from the Tacoma Dome, this property includes a multi-tenant building and a vacant parking lot. The building at 409 E 26th St (Lot A) features a full-service restaurant and two industrial warehouses, with 21 designated parking spots. The parking lot at 411 E 26th St (Lot B) has 23 spaces and generates income from Tacoma Dome event parking. The property is zoned Downtown Mixed-Use (DMU), which allows for various business types. The building has a total area of 5,648 square feet. The property is suitable for future development or continued use as an income-producing asset.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon 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
    -122.4285561
    Latitude
    47.2390242

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    FAQs

    What type of property is this?
    Conventional restaurant - Multi-tenant building and parking lot near Tacoma Dome for sale.
    Where is this conventional restaurant located?
    The property is located at 409-411 East 26Th St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Prime location: One block from the Tacoma Dome.; - Significant income potential: Generates over $30,000 per year from event parking.; - Large lot size: Over 1/3 of an acre.
    (253) 227-4864
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    409-411 East 26Th St Tacoma, WA 98421
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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
    409-411 East 26Th St Tacoma, WA 98421
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