Building Details

Year Built 1945

Buildings 2

Units 2

Listing Agency: Venture Real Estate Group LLC Show Phone

Listed By: Jamie Langsford Show Phone

Source: Multifamilyspecialist

Added: Jul 7 Changed: Aug 8 Last Checked: Aug 8 at 11:04AM

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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 Venture Real Estate Group LLC

Investment Insights

Based on property information with market context.

This offering includes two separate commercial buildings on one parcel. One building is leased to an established glassblowing studio, providing in-place rental income. The second building is vacant and was previously home to a successful burger restaurant for many years.

The property is suitable for an owner-user seeking an operating space alongside rental support, or for an investor looking for a combination of occupied and repositionable space. The vacant building’s prior restaurant use may be helpful for a new tenant evaluating storefront or food-service operations, while still allowing flexibility for a broader range of commercial uses.

Both buildings were built in 1945, offering a shared historic baseline for maintenance and capital-planning considerations across the parcel.

Key Highlights

• Two separate commercial buildings on one parcel
• One building leased to an established glassblowing studio
• Second building is vacant and was previously a burger restaurant

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Grocery & Convenience 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

1,477

Businesses Nearby

38k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 37% Dining 34% Hotels & Casinos 26% Home Improvements & Furnishings 2%

The Melting Pot Dining

8,677 visits/mo 0.1 miles

Holiday Inn Express & Suites Tacoma Downtown Hotels & Casinos

8,660 visits/mo 0.2 miles

Chevron Shops & Services

7,157 visits/mo 0.1 miles

U-Haul Moving & Storage At Tacoma Dome Shops & Services

6,281 visits/mo 0.5 miles

Happy Teriyaki Dining

2,263 visits/mo 0.1 miles

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 Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Two commercial storefront buildings on one parcel, with one leased to a glassblowing studio and a vacant second building.

Where is this storefront property located?

The property is located at 2301 Pacific Avenue Tacoma, WA.

What is the asking price?

The asking price for this property is $1,375,000.

What are key features of this property?

This property features: Two separate commercial buildings on one parcel; One building leased to an established glassblowing studio; Second building is vacant and was previously a burger restaurant