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Multi-Entrance Office Building
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1313-1305 Tacoma Avenue South, Tacoma, WA 98402

Six-entrance office building with secure under and adjacent parking, offering up to 62,905 SF for owner-occupancy.

Property Size116,340 SF
Price / SF$103.15
Days on Market911

Property Features for 1313-1305 Tacoma Avenue South

General Information

Standard status Active
Size 116,340 SF
Property subtype OFFICE
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Moodyscre
Added: Feb 21, 2024 Changed: Aug 16 Last Checked: Aug 19 at 12:32PM

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.

Located at 1313-1305 Tacoma Avenue South in Tacoma, Washington, this office building presents an acquisition opportunity with seller review of offers as they are received. The property features the largest floor plates in Tacoma, six entrances, and secure parking under and adjacent to the building, providing flexibility for an owner-occupant, leasing plan, or phased repurposing of unleased areas.

The building is conveniently located near transit and downtown amenities while offering suburban-level parking counts. It is presently and has historically been occupied by government tenants, creating stability up until recently as portions of the space became vacant. New government leases are currently being negotiated for portions of the vacant area, supporting the near-term leasing outlook.

Key Highlights

  • Six‑entrance office building in Tacoma, offering up to 62,905 SF for owner‑occupancy.
  • Secure parking available under and adjacent to the building.
  • Largest floor plates in Tacoma, designed for flexible office use.

Property Analytics

Current Use

Office buildings

Suggested Use

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

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

6,319
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
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Frequently Asked Questions

What type of property is this?
Office building - Six-entrance office building with secure under and adjacent parking, offering up to 62,905 SF for owner-occupancy.
Where is this office building located?
The property is located at 1313-1305 Tacoma Avenue South 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: Six‑entrance office building in Tacoma, offering up to 62,905 SF for owner‑occupancy.; Secure parking available under and adjacent to the building.; Largest floor plates in Tacoma, designed for flexible office use.
(253) 238-0044 Call to check price and availability
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