Income-Producing Office Complex For
12202 Pacific Ave S, Tacoma, WA 98444
Turn-key investment opportunity with stable cash flow and freeway connectivity.
Type:Office, Retail
Property size:
5,938 SFPrice / SF:
$370/SF- Added:
- Dec 29, 2025
- Days on Market:
- 134
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 12202 Pacific Ave S
General Information
- Standard status
- Active
- Size
- 5,938 SF
- Property subtype
- Office, Retail
Listing agent Cassandra Day License #25006802
Listing office C & J Realty LLC
Listing date Dec 29, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of C & J Realty LLC
HighLights
- ±1,822 SF available, ideal for owner‑user, or seller willing to execute a 5‑year lease‑back.
- Approximately 6.75% in‑place cap rate, offering stable cash flow.
- Over $650,000 in capital improvements completed in 2024.
- Excellent freeway connectivity with immediate access to Highway 512 and I‑5.
- Professionally maintained office complex with a diverse and reliable tenant mix.
- Extensively remodeled ±1,800 SF Class B office suite offered fully furnished.
Overview
This professionally maintained, income-producing office complex is positioned in the desirable Pacific Avenue corridor. The property offers stable cash flow, a diverse and reliable tenant mix, and excellent freeway connectivity. It delivers an approximate 6.75% in-place cap rate. Significant capital has been invested into the property, with over $650,000 in improvements completed in 2024 alone. Recent upgrades include a fully painted exterior, refreshed landscaping, a new front-to-back pedestrian walk path, and updated building signage. Approximately half of the building has been extensively remodeled, highlighted by an approximately 1,800 square foot Class B office suite offered fully furnished with built-in desks, four private offices, a conference room, and dedicated storage. The property is ideal for an owner-user or executive tenant. The property is conveniently located just off Pacific Avenue with immediate access to Highway 512 and I-5, providing outstanding visibility and accessibility for tenants and users. The property size is 5,938 square feet. The property is either fully leased or has approximately 1,822 square feet available. The seller is willing to execute a 5-year lease-back or vacate at closing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Veach Consulting Engineers
Engineer
Ross Counseling, PLLC
Family Counselor
Angel Newton - GOLDHOUSE ...
Real Estate Agency
Cary Bridgeford / Goldhouse ...
Real Estate Agency
Austin Cina Architects
Architect
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.4353579
- Latitude
- 47.1452243
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FAQs
What type of property is this?
Office building - Turn-key investment opportunity with stable cash flow and freeway connectivity.
Where is this office building located?
The property is located at 12202 Pacific Ave S 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: ±1,822 SF available, ideal for owner‑user, or seller willing to execute a 5‑year lease‑back.; Approximately 6.75% in‑place cap rate, offering stable cash flow.; Over $650,000 in capital improvements completed in 2024.
