Established Tacoma Office
For Sale
Contact for pricing
Pending
3906 S 74th St, Tacoma, WA 98409
Well-located office building with development potential in Tacoma, Washington.
Property Size22,291 SF
Lot Size1.10 Acres
Days on Market154
Property Features for 3906 S 74th St
General Information
Standard status
Pending
Size
22,291 SF
Lot size
1.10 Acres
Property subtype
Office
Listed By:
Themio Pallis · License #25015819
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Themio Pallis
Investment Insights
Based on property information with market context.
The property at South 74th Street and South Madison Street in Tacoma is a well-established office asset. The 22,291-square-foot building contains 11 suites, including one 6,488-square-foot vacancy. Recent suite renovations and strong in-place tenancy are featured. The property has convenient access to I-5 and is near retail and service amenities. The location benefits from high visibility, with daily traffic counts exceeding 23,000 vehicles. The property generates $168,787 of annual net operating income. There are 169 dedicated parking stalls, resulting in a parking ratio of 7.58 per 1,000 square feet. The offering includes a separate 1.1-acre parcel zoned M-1 (Light Industrial) that contributes to current parking and represents future development potential.
Key Highlights
- High visibility location with traffic counts exceeding 23,000 vehicles daily.
- Significant annual net operating income ($168,787) to offset owner‑occupant debt service.
- Includes a separate 1.1‑acre parcel zoned M‑1 (Light Industrial) with future development potential or resale value.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 98409, WA
27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-located office building with development potential in Tacoma, Washington.
Where is this office building located?
The property is located at 3906 S 74th St Tacoma, WA.
What is the asking price?
The asking price for this property is $3,575,000.
What are key features of this property?
This property features: High visibility location with traffic counts exceeding 23,000 vehicles daily.; Significant annual net operating income ($168,787) to offset owner‑occupant debt service.; Includes a separate 1.1‑acre parcel zoned M‑1 (Light Industrial) with future development potential or resale value.
