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Waterfront Flex Space
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401 E 15th St, Tacoma, WA 98421

Office, warehouse, storage, and yard areas are supported by a dock and launch rails for marine-oriented operations.

Space Size46,025 SF
Days on Market5

Property Features for 401 E 15th St

General Information

Standard status Active
Size 46,025 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Space Use Industrial

Spaces For Lease

at 401 E 15th St
Waterfront Industrial Site for Lease AVAILABLE
Size 46,025 SF
Type INDUSTRIAL
Lease Type NNN
Rare Waterfront Industrial Site for Lease – Former J.M. Martinac Shipyard! Office, warehouse, storage, and yard spaces available for lease at this historically established waterfront site. Featuring direct waterfront access, a dock, and launch rails providing convenient access to Commencement Bay—an ideal location for boat building, repair, maintenance, marine-related businesses, and boat storage. Beyond its outstanding marine-oriented features, the property also offers versatile space for a wide range of other industrial uses, including transportation, warehousing, distribution, equipment storage, and related businesses. Strategically located near Downtown Tacoma and the Port of Tacoma, with convenient access to I-5 and major transportation routes. A unique opportunity to secure flexible industrial space in a well-connected Tacoma waterfront location.
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Listing Agency: John L. Scott - Renton
Listed By: Zi Min Tang
Source: Moodyscre
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 20 at 6:37PM

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 John L. Scott - Renton

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Investment Insights

Based on property information with market context.

This 46,025-square-foot flex property combines office, warehouse, storage, and yard areas. Direct waterfront access, a dock, and launch rails provide marine access to Commencement Bay. The site is suited to marine-related activity as well as transportation, warehousing, distribution, and equipment storage uses.

The property is near Downtown Tacoma and the Port of Tacoma, with access to I-5 and major transportation routes.

Key Highlights

  • 46,025‑square‑foot waterfront flex property
  • Office, warehouse, storage, and yard areas
  • Direct waterfront access to Commencement Bay

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Tanning Salon Restaurant Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,258
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98421, WA

1,239
Population
78
Households
15.9
Avg Household Size
34
Median Age
25%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
191
Density / Sq Mi
$1,273
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Aramark — 1500 Broadway, Tacoma, WA 98402
  • Tying The Knot — Tacoma, WA 98402
  • Carla's Catering — Tacoma, WA 98402

Frequently Asked Questions

What type of property is this?
Flex space - Office, warehouse, storage, and yard areas are supported by a dock and launch rails for marine-oriented operations.
Where is this flex space located?
The property is located at 401 E 15th St Tacoma, WA.
What are key features of this property?
This property features: 46,025‑square‑foot waterfront flex property; Office, warehouse, storage, and yard areas; Direct waterfront access to Commencement Bay
(425) 919-3825 Call to check price and availability
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