Tacoma Avenue Office Building For
For Sale
$12,000,000
1301-1305 Tacoma Avenue S, Tacoma, WA 98402
Office building near transit with redevelopment potential in Tacoma, Washington.
Property Size153,600 SF
Price / SF$78,431
Days on Market345
Property Features for 1301-1305 Tacoma Avenue S
General Information
Standard status
Active
Size
153,600 SF
Class
B
Property subtype
Office
Building Details
Building Size
153,600 SF
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 238-0043
Listed By:
John Bauder, CCIM
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 19
Last Checked: Aug 20 at 4:37AM
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 Lee & Associates Commercial Real Estate Services
Investment Insights
Based on property information with market context.
The property at 1305 Tacoma Avenue in Tacoma, Washington, is available for purchase. It is competitively priced, and the seller is reviewing offers as they are received. The building is conveniently located near transit and downtown amenities, offering a high parking ratio. The property is suitable for an owner/user to occupy up to 51,769 square feet, for a value-add buyer to lease the asset at market rates, or for a developer to repurpose the unleased portions of the building. It features the largest floor plates in Tacoma, six entrances, and secure parking under and adjacent to the building, providing flexibility. The property has historically been occupied by government tenants, creating a stable tenant base. New government leases are being negotiated for portions of the vacant space. The property size is 153 square feet.
Key Highlights
- Large floor plates, the largest in Tacoma, offer unparalleled flexibility.
- Convenient location near transit and downtown amenities with suburban‑level parking.
- Secure parking under and adjacent to the building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,319
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Office building near transit with redevelopment potential in Tacoma, Washington.
Where is this office building located?
The property is located at 1301-1305 Tacoma Avenue S Tacoma, WA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Large floor plates, the largest in Tacoma, offer unparalleled flexibility.; Convenient location near transit and downtown amenities with suburban‑level parking.; Secure parking under and adjacent to the building.
