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Owner-User Office Property
For Sale
$4,250,000

2516 South Holgate Street, Tacoma, WA 98402

Heavy office buildout plus private parking below the building supports flexible owner-occupant use.

Property SizeContact for details
Days on Market52

Property Features for 2516 South Holgate Street

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Kyle Prosser
Source: Lee-associates
Added: Jun 17 Changed: Jul 10 Last Checked: Aug 7 at 2:08AM

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 Kyle Prosser

Investment Insights

Based on property information with market context.

This owner-user property includes a substantial office buildout designed for day-to-day business operations. In addition to the office space, the building features dedicated areas for a bar and a test kitchen, set up for private events and hospitality-style activations. A key functional benefit is the private parking available below the building, providing on-site convenience for tenants and guests.

Located at 2516 South Holgate Street in Tacoma, WA 98402, the property’s parking configuration is built into the building itself, rather than relying solely on nearby surface parking. The combined office and event-oriented spaces create a workable environment for businesses that need both administrative space and controlled-use areas for hosting.

For an owner-occupant or investor-buyer looking to keep a portion for their own operations, the layout supports a hybrid workflow with office workspaces alongside bar/test kitchen space for private events. The private below-building parking can help reduce friction for staff and visitors during scheduled functions, while the heavy office buildout supports immediate use for professional teams.

Key Highlights

  • Heavy office buildout for owner‑user flexibility
  • Private parking below the building
  • Includes a bar and test kitchen for private events

Property Analytics

Current Use

Lightcurve Internet Telecommunications Service Net-Venture Telecommunications Service Security Guards - Washington ... Security Service Joe 2 Son's ... Plumbing Service

Suggested Use

Top Pick Auto Parts Store Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Cosmetic 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

2,040
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 - Heavy office buildout plus private parking below the building supports flexible owner-occupant use.
Where is this office building located?
The property is located at 2516 South Holgate Street Tacoma, WA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Heavy office buildout for owner‑user flexibility; Private parking below the building; Includes a bar and test kitchen for private events
More about this property
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