High-Visibility Retail
6218 6TH Tacoma, WA 98406
Single-tenant retail storefront with high-visibility frontage and ample parking, currently operating a vape shop seven days weekly.
Type:Commercial
Property size:
4,104 SFLot size:
0.75 AcresPrice / SF:
$231/SF- Added:
- Feb 5, 2025
- Days on Market:
- 520
- Last Refresh:
- Jul 10 at 3:09 am
Property Features for 6218 6TH
General Information
- Standard status
- Active
- Size
- 4,104 SF
- Lot size
- 0.75 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing office Keller Williams South Sound
Listing date Feb 5, 2025
Source Skylineproperties
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 Keller Williams South Sound
Investment Insights
Based on property information with market context.
This high-visibility retail storefront includes a 4,104-square-foot building built in 1972, situated on 32,642 square feet of land. The property is currently operating as a vape shop seven days a week, offering an owner-user the option to continue the existing business or transition to a new use, subject to applicable approvals. The building is positioned for an easy, customer-oriented retail setup and includes ample parking.
The location is described as conveniently near the Tacoma Narrows Bridge and SR-16, providing convenient access for shoppers. The property also notes strong visibility from 6th Ave and steady traffic, with Winco located across the street.
Buyers should verify all information to their own satisfaction. The business opportunity is noted as not for sale.
The location is described as conveniently near the Tacoma Narrows Bridge and SR-16, providing convenient access for shoppers. The property also notes strong visibility from 6th Ave and steady traffic, with Winco located across the street.
Buyers should verify all information to their own satisfaction. The business opportunity is noted as not for sale.
Key Highlights
- Single‑tenant retail storefront with high‑visibility frontage on 6th Ave and steady traffic
- 4,104 SF building built in 1972 on a 32,642 SF lot
- Owner‑user setup with ample parking
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $18.00 |
| − Vacancy | −$3.3k | −$0.81 |
| EGI | $70.5k | $17.19 |
| − OpEx | −$21.2k | −$5.16 |
| NOI | $49.4k | $12.03 |
4,104 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$705.5K
$617.3K – $823.1K
NOI $49,383 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,302 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Single-tenant retail storefront with high-visibility frontage and ample parking, currently operating a vape shop seven days weekly.
Where is this storefront property located?
The property is located at 6218 6TH Tacoma, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Single‑tenant retail storefront with high‑visibility frontage on 6th Ave and steady traffic; 4,104 SF building built in 1972 on a 32,642 SF lot; Owner‑user setup with ample parking
