502 112th St S Tacoma, WA 98444

Building Details

Year Built

1959

Listing Agency BETTER PROPERTIES REAL ESTATE m***@betterproperties.com Show Phone

Listed by MARK HULEN

Source Corcoran

Added: Oct 19, 2025 Checked: Jul 19 at 4:30 am

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Investment Insights

Based on property information with market context.

Available for purchase is a commercial building with approximately 20,000 square feet of space, located in Parkland. This is the first time the property has been on the market in over 50 years. The building has a mix of tenants and a low vacancy rate. Included in the sale is an adjacent vacant lot of approximately 1/2 acre (Parcel #031909-2-059). The property is located within an Urban Corridor (UCOR), which allows for a maximum density of 60 housing units per acre and a maximum height of 55 feet. There are 76 parking spaces available. The vacant lot is valued at $600,000. Buyer is advised to verify all information.

Key Highlights

• Large 20,000 sq ft commercial building with a mix of tenants and low vacancy.
• Includes an adjacent 1/2 acre vacant lot (Parcel #031909‑2‑059).
• Zoned Urban Corridor (UCOR) allowing for high‑density development (up to 60 units per acre and 55 ft height).

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FAQs

What type of property is this?

Shopping center - 20,000 SF building with adjacent vacant lot for sale.

Where is this shopping center located?

The property is located at 502 112th St S Tacoma, WA.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: Large 20,000 sq ft commercial building with a mix of tenants and low vacancy.; Includes an adjacent 1/2 acre vacant lot (Parcel #031909‑2‑059).; Zoned Urban Corridor (UCOR) allowing for high‑density development (up to 60 units per acre and 55 ft height).