Office-Retail Building with Commercial
For Sale
Contact for pricing
1321 Martin Luther King Jr Way, Tacoma, WA 98405
Two-story plus lower level office/retail building with built-out commercial-grade kitchen, classrooms, boardrooms, and banquet space.
Property Size26,100 SF
Price / SF$172.41
Days on Market241
Property Features for 1321 Martin Luther King Jr Way
General Information
Standard status
Active
Size
26,100 SF
Property subtype
OFFICE
Amenities
commercial-grade kitchen
classrooms
boardrooms
flexible banquet space
Listing Agency:
Lee & Associates Commercial Real Estate Services
(425) 454-4242
Listed By:
Alex Muir
(253) 303-1983
Source:
Moodyscre
Added: Feb 2
Changed: Sep 2
Last Checked: Oct 1 at 12:47PM
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.
1321 Martin Luther King Jr Way is a 2-story office/retail building with a lower level, totaling 26,100 square feet. The space includes a fully built-out commercial-grade kitchen, numerous classrooms and boardrooms, and flexible banquet space, supporting a variety of in-building uses for an owner-user or investor.
The property is located in Hilltop, Tacoma, just two blocks from the Hilltop light rail station. The surrounding area has seen rapid change, with 1,860 units delivered within a 0.5-mile radius.
The combination of classroom-style rooms, meeting/boardroom space, and banquet-ready areas makes the building particularly suited for tenants seeking multiple interior environments within one property.
The property is located in Hilltop, Tacoma, just two blocks from the Hilltop light rail station. The surrounding area has seen rapid change, with 1,860 units delivered within a 0.5-mile radius.
The combination of classroom-style rooms, meeting/boardroom space, and banquet-ready areas makes the building particularly suited for tenants seeking multiple interior environments within one property.
Key Highlights
- 26,100 SF, 2‑story office/retail building with a lower level in Hilltop, Tacoma
- Fully built‑out commercial‑grade kitchen
- Multiple classrooms and boardrooms for flexible indoor use
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,789
Businesses Nearby
Explore this area
Business Placement
Demographics for 98405, WA
24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story plus lower level office/retail building with built-out commercial-grade kitchen, classrooms, boardrooms, and banquet space.
Where is this office building located?
The property is located at 1321 Martin Luther King Jr Way Tacoma, WA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 26,100 SF, 2‑story office/retail building with a lower level in Hilltop, Tacoma; Fully built‑out commercial‑grade kitchen; Multiple classrooms and boardrooms for flexible indoor use
