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Historic Retail Building with Mezzanine
For Sale
Contact for pricing
Pending

3508 McKinley Ave, Tacoma, WA 98404

Built in 1924, the property includes a partial basement, mezzanine upper floor, and rooftop leased to Verizon.

Property Size4,300 SF
Days on Market141

Property Features for 3508 McKinley Ave

General Information

Standard status Pending
Size 4,300 SF
Total Parking Spaces 4
Property subtype Retail

Building Details

Year Built 1924
Listing Agency: CENTURY 21 North Homes Realty Seattle
Listed By: Ashley Pearson · License #WA
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Aug 28 at 11:37PM

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 CENTURY 21 North Homes Realty Seattle

Investment Insights

Based on property information with market context.

Built in 1924, this 4,300-square-foot retail building features a partial basement and a mezzanine upper floor. Interior finishes include hardwood throughout, and the building has a stage area with a flat, built-up roof. The property also offers a 400-square-foot rooftop area that is leased to Verizon for communications equipment under a lease that began April 23, 2015.

The building is located in the McKinley community commercial district, a few minutes from downtown Tacoma, Tacoma Dome, and McKinley Park. It sits opposite Tacoma Christian Center and includes four parking stalls at the back of the building.

Additional rooftop lease details include a four-five year term structure for a total of 20 years.

Key Highlights

  • Built in 1924 with 4,300 SF commercial building and partial basement
  • Mezzanine upper floor plus hardwood throughout
  • Stage area with flat built‑up roof

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Hair Salon Auto Parts Store Daycare Center

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

284
Businesses Nearby

Demographics for 98404, WA

35,172
Population
13,174
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
7.1 sq mi
ZIP Area
4,954
Density / Sq Mi
$79,562
Median Household Income
$41,977
Median Earnings
$1,440
Median Rent
$387,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Built in 1924, the property includes a partial basement, mezzanine upper floor, and rooftop leased to Verizon.
Where is this retail space located?
The property is located at 3508 McKinley Ave Tacoma, WA.
What are key features of this property?
This property features: Built in 1924 with 4,300 SF commercial building and partial basement; Mezzanine upper floor plus hardwood throughout; Stage area with flat built‑up roof
More about this property
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