Search
Tacoma Redevelopment Opportunity
For Sale
$975,000

919 Market Street, Tacoma, WA 98402

25,500 SF building on 9,184 SF site in downtown Tacoma.

Property Size25,500 SF
Lot Size0.21 Acres
Price / SF$38.24
Days on Market167

Property Features for 919 Market Street

General Information

Standard status Active
Size 25,500 SF
Lot size 0.21 Acres
Property subtype Office
Listing Agency: NAI Puget Sound Properties
Listed By: Dave Douglas, SIOR, CCIM
Source: Nai-psp
Added: Mar 6 Changed: Aug 16 Last Checked: Aug 20 at 4:24AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This is a redevelopment opportunity featuring a 25,500 square foot building situated on a 9,184 square foot site. The building, constructed in 1931, includes 15,000 square feet across two stories on Market Street, 7,500 square feet on Court C, and a 3,000 square foot mezzanine. It offers flexible zoning within the Downtown Commercial Core, accommodating various redevelopment schemes. The property has clear heights ranging from 8 to 18 feet and is equipped with heavy power, including 1200 amps at 480 3-phase, stepped down to 120/208v and 277v. A 10-foot grade-level door is located on the Court C level. The property is located in downtown Tacoma and is suitable for office or industrial use. The Opportunity Zone provides redevelopment incentives.

Key Highlights

  • Flexible zoning in the Downtown Commercial Core allows for diverse redevelopment schemes.
  • Redevelopment opportunity in downtown Tacoma's commercial core.
  • Opportunity Zone provides redevelopment incentives.

Property Analytics

Current Use

Tacoma Rubber Stamp ... Engraver Advance Marking Systems ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Pet Grooming Service Locksmith Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,677
Businesses Nearby

Demographics for 98402, WA

8,053
Population
4,788
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
6,711
Density / Sq Mi
$54,712
Median Household Income
$43,145
Median Earnings
$1,478
Median Rent
$558,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 25,500 SF building on 9,184 SF site in downtown Tacoma.
Where is this office building located?
The property is located at 919 Market Street Tacoma, WA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Flexible zoning in the Downtown Commercial Core allows for diverse redevelopment schemes.; Redevelopment opportunity in downtown Tacoma's commercial core.; Opportunity Zone provides redevelopment incentives.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message