Historic Renovation Office
For Lease
Contact for pricing
625 Commerce St, Tacoma, WA 98402
Completely renovated historic building offering flexible office layouts for growing and established teams.
Space Size1,200 SF
Days on Market493
Property Features for 625 Commerce St
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
150 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Space & Availability
Available Space
150-9,532 SF
Space Use
Office
Additional Details
Public Transit
Yes
Building Details
Year Renovated
2025
Spaces For Lease
at 625 Commerce St Contact us- Floor
- 4 Mezzanine
- Size
- 1,200 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE
Old City Hall Building $3,500/Mo
Complete Historic Renovation in 2025.
Iconic building and spaces with sweeping views...
show more
Contact us
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 383-8382
Listed By:
John Bauder, CCIM
(253) 238-0043
Source:
Moodyscre
Added: May 12, 2025
Changed: Sep 2
Last Checked: Sep 15 at 6:18AM
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.
This office space is in a historic building that completed a complete historic renovation in 2025. The available office configurations range from 150 to 9,532 RSF, with flexible layouts designed to accommodate a variety of office needs.
The building is located at 625 Commerce St, Tacoma, WA 98402, at the Old City Hall stop on Tacoma’s Link Light Rail. It is described as seamlessly connected to major downtown markets in the Pacific Northwest, and the property is adjacent to dining, shopping, and McMenamins Elk Temple.
In addition to office space, the building also lists restaurant/food vendor and retail availability, including options ranging by RSF. This mix of uses can support convenient day-to-day access for office tenants and their customers.
The building is located at 625 Commerce St, Tacoma, WA 98402, at the Old City Hall stop on Tacoma’s Link Light Rail. It is described as seamlessly connected to major downtown markets in the Pacific Northwest, and the property is adjacent to dining, shopping, and McMenamins Elk Temple.
In addition to office space, the building also lists restaurant/food vendor and retail availability, including options ranging by RSF. This mix of uses can support convenient day-to-day access for office tenants and their customers.
Key Highlights
- Complete historic renovation completed in 2025
- Office space available from 150 to 9,532 RSF with flexible layouts
- Located at 625 Commerce St, Tacoma, WA 98402
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,596
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Tacoma, WA
$21.54 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
7,357 SF
Avg Space Size
This space is priced 63% above the average of $21.54 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Completely renovated historic building offering flexible office layouts for growing and established teams.
Where is this office units located?
The property is located at 625 Commerce St Tacoma, WA.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Complete historic renovation completed in 2025; Office space available from 150 to 9,532 RSF with flexible layouts; Located at 625 Commerce St, Tacoma, WA 98402
