Search
Historic Building Renovation in 2025
For Sale
Contact for pricing

625 Commerce St, Tacoma, WA 98402

Iconic building with restaurant, retail, and office spaces for sale.

Property Size90,572 SF
Days on Market337

Property Features for 625 Commerce St

General Information

Standard status Active
Size 90,572 SF
Class A
Property subtype Office

Building Details

Building Size 90,572 SF
Year Built 1892

Properties For Sale

at 625 Commerce St Contact us

Suite 204

Size
600 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 206

Size
1,616 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 213

Size
878 SF
Type
Restaurant
Term
Negotiable
Contact us

Suite 214

Size
356 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 215 and Suite 217

Size
800 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 219

Size
378 SF
Type
Restaurant
Term
Negotiable
Contact us

Suite 226

Size
903 SF
Type
Restaurant
Term
Negotiable
Contact us

Suite 229

Size
541 SF
Type
Restaurant
Term
Negotiable
Contact us

Suite 230

Size
527 SF
Type
Restaurant
Term
Negotiable
Contact us

Suite 305

Size
1,556 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 306

Size
953 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 310

Size
1,920 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 312

Size
408 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 313

Size
151 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 314

Size
196 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 315

Size
210 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 315

Size
770 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 320

Size
325 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 320M - 324M

Size
860 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 325

Size
282 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 325M

Size
282 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 330

Size
132 SF
Type
Specialty Center
Term
Negotiable
Contact us

Suite 336

Size
589 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 338

Size
199 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 339

Size
255 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 342

Size
658 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 347

Size
1,014 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 400M

Size
1,200 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 406

Size
979 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 407

Size
1,162 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 417

Size
1,041 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Harrison Laird
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:40AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This iconic building is undergoing a complete historic renovation, slated for completion in 2025. The available spaces include restaurant and food vendor locations ranging from 700 to 1,400 square feet, accommodating up to three unique dining concepts. Retail spaces are available from 540 to 2,000 square feet, with an additional street-level cafe or vendor opportunity to capture building and light rail customers. Office spaces offer flexible layouts from 150 to 9,532 square feet, designed to fit the needs of innovative and growing businesses. Located at the Old City Hall stop on Tacoma's Link Light Rail, the property is seamlessly connected to every major downtown market in the Pacific Northwest. It is adjacent to dining, shopping, and McMenamins Elk Temple. The property offers sweeping views and timeless architecture.

Key Highlights

  • Complete historic renovation in 2025
  • Located at the Old City Hall stop on Tacoma's Link Light Rail
  • Sweeping views and timeless architecture

Property Analytics

Current Use

Old City Hall ... Coworking & Hybrid Office Pastoral Therapy Associates Family Counselor Clock Tower Tour Operator

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Tanning Salon Veterinary Clinic Furniture & Home Goods

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

4,596
Businesses Nearby

Demographics for 98402, WA

8,053
Population
4,788
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
6,711
Density / Sq Mi
$54,712
Median Household Income
$43,145
Median Earnings
$1,478
Median Rent
$558,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Iconic building with restaurant, retail, and office spaces for sale.
Where is this office building located?
The property is located at 625 Commerce St Tacoma, WA.
What are key features of this property?
This property features: Complete historic renovation in 2025; Located at the Old City Hall stop on Tacoma's Link Light Rail; Sweeping views and timeless architecture
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message