50-Tap Beer
New
For Sale
Contact for pricing
4328 6th Ave, Tacoma, WA 98406
A corner-site hospitality property includes a service kitchen, walk-in cooler, and two distinct outdoor seating areas.
Property Size3,500 SF
Lot Size0.34 Acres
Price / SF$385.71
Days on Market4
Property Features for 4328 6th Ave
General Information
Standard status
Active
Size
3,500 SF
Total Parking Spaces
10
Lot size
0.34 Acres
Property subtype
RETAIL
Zoning
C-1
Site & Location
Neighborhood
West End
Corner Location
Yes
Restaurant
Grease Trap
Yes
Patio
Yes
Amenities
patio
private rear courtyard
fire bowl
tiered bleacher seating
12-door walk-in cooler
service kitchen
separate service building with pass-through windows
Building Details
Year Renovated
2018
Buildings
2
Stories
1
Tenancy
Single
Listing Agency:
Kidder Mathews
(425) 454-7040
Listed By:
Kelly Gaddis · License #129429
(206) 332-1470
Source:
Moodyscre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 4:19PM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
Configured as a beer hall, the single-story property has 3,500 square feet on a 15,000-square-foot corner parcel zoned C-1. The interior features polished concrete floors, reclaimed wood finishes, a glass roll-up storefront, and a bar top made from a bowling lane. A 12-door walk-in cooler and 500-gallon grease interceptor support operations, alongside a compact service kitchen with room to expand. A separate service building has pass-through windows for food-truck service. The outdoor setup includes a fenced patio along 6th Avenue and a private courtyard with a fire bowl and tiered bleacher seating. The 99-person occupant load accommodates a range of hospitality formats. The building received a substantial 2018 build-out, with HVAC work and a newer roof also noted.
The property fronts 6th Avenue, with Walgreens across the street and WinCo, Les Schwab, Harbor Freight, and O'Reilly along the same corridor. Nearby dining options include Asado, Primo Grill, Dirty Oscar's Annex, Field Bar & Bottle, and Shakabrah. University of Puget Sound, MultiCare Allenmore, Jefferson Park, and the Proctor District are nearby; SR 16 and SR 163 provide connections toward Downtown, Gig Harbor, and I-5.
The property fronts 6th Avenue, with Walgreens across the street and WinCo, Les Schwab, Harbor Freight, and O'Reilly along the same corridor. Nearby dining options include Asado, Primo Grill, Dirty Oscar's Annex, Field Bar & Bottle, and Shakabrah. University of Puget Sound, MultiCare Allenmore, Jefferson Park, and the Proctor District are nearby; SR 16 and SR 163 provide connections toward Downtown, Gig Harbor, and I-5.
Key Highlights
- 50‑tap beer hall in a single‑story building
- 3,500 SF building on a 15,000 SF corner lot (0.34 AC), zoned C‑1
- 12‑door walk‑in cooler, 500‑gallon Zurn grease interceptor, and service kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,501
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,010,020
$1.0M
Cap Rate 7%
$721,443
$721.4K
Cap Rate 9%
$561,122
$561.1K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$70.1K $20.04/SF
− Vacancy
−$2.8K −$0.80/SF
EGI
$67.3K $19.24/SF
− OpEx
−$16.8K −$4.81/SF
NOI
$50.5K $14.43/SF
Area
Tacoma, WA
Vacancy
4.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,010,020
Cap Rate 7%
$721,443
Cap Rate 9%
$561,122
Alternative Uses
Best Use
Specialty Retail
$721.4K
$631.3K – $841.7K
NOI $50,501 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$941.3K – $1.26M
NOI $75,306 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
7-Eleven
Shops & Services
8,854 visits/mo
0.5 miles
Shell
Shops & Services
5,484 visits/mo
0.5 miles
AutoZone
Shops & Services
4,562 visits/mo
0.4 miles
Cutters Point
Dining
4,081 visits/mo
0.5 miles
Marathon Petroleum
Shops & Services
3,269 visits/mo
0.0 miles
Demographics for 98406, WA
22,768
Population
10,748
Households
2.1
Avg Household Size
42
Median Age
48%
College-Educated
96%
High-School Grad
4.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$104,761
Median Household Income
$59,659
Median Earnings
$1,677
Median Rent
$594,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Beer Star — 4328 6th Ave, Tacoma, WA 98406
- Valhalla Coffee Co. — 3918 6th Ave, Tacoma, WA 98406
- West End Pub — 3840 6th Ave, Tacoma, WA 98406
- Farrelli's Pizza — 3518 6th Ave, Tacoma, WA 98406
Frequently Asked Questions
What type of property is this?
Bar & Pub - A corner-site hospitality property includes a service kitchen, walk-in cooler, and two distinct outdoor seating areas.
Where is this bar & pub located?
The property is located at 4328 6th Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 50‑tap beer hall in a single‑story building; 3,500 SF building on a 15,000 SF corner lot (0.34 AC), zoned C‑1; 12‑door walk‑in cooler, 500‑gallon Zurn grease interceptor, and service kitchen
