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Grocery Store with Vacant Lot
For Sale
$850,000

604 112th St E, Tacoma, WA 98445

The property combines a grocery tenancy, additional commercial space, and a vacant parcel at the rear.

Property SizeContact for details
Days on Market20

Property Features for 604 112th St E

General Information

Standard status Active

Additional Details

Land Use commercial
Listing Agency: eXp Realty
Listed By: Diana Lopez
Source: Exprealty
Added: Sep 25 Changed: Oct 13 Last Checked: Oct 13 at 12:14AM

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 eXp Realty

Investment Insights

Based on property information with market context.

At 604 112th St E in Tacoma, the property includes space leased to a grocery store on a month-to-month basis. Additional commercial space is available alongside the existing tenancy, and a vacant lot sits behind the building.

The rear parcel may accommodate as many as three additional units, subject to applicable requirements. The existing grocery tenancy and the unoccupied areas are distinct components of the property.

Key Highlights

  • Grocery‑store space is leased month‑to‑month
  • Additional commercial space accompanies the grocery tenancy
  • Vacant rear lot with stated potential for up to 3 additional units

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Accounting Firm 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

528
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 57% Shops & Services 33% Dining 5% Electronics 5%
Parkland Ace Hardware Home Improvements & Furnishings
15,986 visits/mo 0.4 miles
Bank of America Shops & Services
8,862 visits/mo 0.4 miles
SUBWAY Dining
1,487 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,402 visits/mo 0.5 miles
Stoneway Roofing Supply Home Improvements & Furnishings
843 visits/mo 0.5 miles

Demographics for 98445, WA

33,927
Population
12,546
Households
2.7
Avg Household Size
36
Median Age
19%
College-Educated
90%
High-School Grad
10.4 sq mi
ZIP Area
3,262
Density / Sq Mi
$90,063
Median Household Income
$48,574
Median Earnings
$1,721
Median Rent
$413,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The property combines a grocery tenancy, additional commercial space, and a vacant parcel at the rear.
Where is this grocery and convenience store located?
The property is located at 604 112th St E Tacoma, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Grocery‑store space is leased month‑to‑month; Additional commercial space accompanies the grocery tenancy; Vacant rear lot with stated potential for up to 3 additional units
More about this property
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