Listing Agency: CBRE - Tacoma k***@cbre.com Show Phone

Listed By: Ketner Sheean · License #WA34175 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 10 Last Checked: Aug 20 at 9:18AM

Report an Issue

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 CBRE - Tacoma

Investment Insights

Based on property information with market context.

This multifamily property is located four blocks from a major transit hub in downtown Tacoma. The building has a height of 100 feet. There is no parking requirement for the property. The property size is 9829 square feet.

Key Highlights

• Less than $10,000 per door
• Four blocks from major transit hub in downtown Tacoma
• No parking requirement

Property Analytics

Property Profile

Current Use

Republic Parking Northwest Parking Lot & Garage

Suggested Use

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

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

1,296

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 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 apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Two-Story Medical Office Building

Tacoma, WA 98466

$2,250,000

6,830 SF

View details

Tacoma Redevelopment Opportunity

919 Market Street, Tacoma, WA 98402

$975,000

25,500 SF

View details

Retail Storefront Shopping Center

233 140th St S, Tacoma, WA 98444

$3,832,240

11,808 SF

View details

Office Building with I-5 Access

6403 Lakewood Dr W, Tacoma, WA 98467

$1,549,500

6,104 SF

View details

Office

1930 Port of Tacoma Road, Tacoma, WA 98421

$1,113,671

6,538 SF

View details

Downtown Tacoma Office/Retail Space

732 Broadway Ste 102, Tacoma, WA 98402

$675,000

2,630 SF

View details

Retail Storefront Property

1115 & 1113 A St, Tacoma, WA 98402

$2,550,000

17,000 SF

View details

Downtown Tacoma Office Building For Sale

940 Broadway, Tacoma, WA 98402

$1,500,000

18,000 SF

View details

Tacoma Industrial Property with Rail Access

567 East 18th Street, Tacoma, WA 98421

$3,100,000

9,000 SF

View details

Standalone Flex Building For Sale

4901 Center St, Tacoma, WA 98409

$4,750,000

23,654 SF

View details

Quadplex with Two-Story ADU

612 N Oakes Street, Tacoma, WA 98406

$950,000

3,200 SF

View details

Updated Duplex With Garages

10002 10004 Barnes Lane S, Tacoma, WA 98444

$529,500

1,690 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property near transit hub with no parking requirement.

Where is this apartment building located?

The property is located at 2601 Pacific Avenue Tacoma, WA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Less than $10,000 per door; Four blocks from major transit hub in downtown Tacoma; No parking requirement