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    724 Pacific Ave Tacoma, WA 98444

    For Lease
    $18 SF/Yr ($7,708 /Mo)

    Renovated restaurant space in the heart of Tacoma.

    Property size:
    5,000 SF
    Lot size:
    0.17 Acres

    Property Features for 724 Pacific Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.17 Acres

    Source: Commercial Advantage Real Estate Agent Richard Clauson

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

    Overview

    Downtown Tacoma Restaurant Space

    Located in the heart of the restaurant area of Downtown Tacoma, this retail space offers a unique opportunity. The building, over a hundred years old, is undergoing complete renovation. The property has a size of 5000 square feet. The owner is willing to collaborate with the tenant to customize the space to their specific needs, making it a potentially perfect location for a restaurant or other retail business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4397387
    Latitude
    47.2563917

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    FAQs

    What type of property is this?
    Retail space - Renovated restaurant space in the heart of Tacoma.
    Where is this retail space located?
    The property is located at 724 Pacific Ave Tacoma, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Tacoma location in the restaurant district; - Buildings are undergoing complete renovation; - Opportunity for tenant customization during renovation
    (253) 225-2352
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    724 Pacific Ave Tacoma, WA 98444
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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
    724 Pacific Ave Tacoma, WA 98444
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