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    Turnkey Restaurant with Banquet Room Title is generated by Realmo AI

    9002 Pacific Ave, Tacoma, WA 98444

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    Established restaurant with banquet room, nightclub potential, and ample parking.

    Type:RETAIL
    Property size:
    6,849 SF
    Lot size:
    0.97 Acres
    Price / SF:
    $277/SF
    Added:
    May 25, 2025
    Days on Market:
    387
    Last Refresh:
    Apr 5 at 8:34 pm

    Property Features for 9002 Pacific Ave

    General Information

    Standard status
    Active
    Size
    6,849 SF
    Lot size
    0.97 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Sol Lemus

    Listing agent Sol Lemus

    Listing office Talent Real Estate LLC

    Listing date May 25, 2025

    Source Moodyscre

    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 Talent Real Estate LLC

    HighLights

    • Established, fully operational restaurant in a prime Tacoma location.
    • Large 42,075 SF lot with ample parking (90 spaces).
    • Includes a 100‑seat banquet room for private events.
    • Potential to convert into a nightclub with live music.
    • High‑visibility frontage on Pacific Ave with steady traffic.
    • 6,849 SF building suitable for various concepts (restaurant, event venue, nightclub, or redevelopment).

    Overview

    This is an excellent opportunity to acquire a fully operational restaurant situated on a 42,075 square foot lot with 90 parking spaces. The 6,849 square foot building features a 100-seat banquet room suitable for private events. The property has potential to be converted into a nightclub with live music, creating additional income opportunities. The property is located in a prime Tacoma location and offers high-visibility frontage on Pacific Avenue, providing outstanding exposure and steady traffic. The property is suitable for owner-operators or investors seeking a ready-to-go restaurant, event venue, nightclub concept, or redevelopment opportunity.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $137.3k $20.04
    − Vacancy −$5.5k −$0.80
    EGI $131.8k $19.24
    − OpEx −$32.9k −$4.81
    NOI $98.8k $14.43
    6,849 SF · lease $20.04/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.41M
    $1.24M – $1.65M (±1% cap)
    NOI $98,823 @ 7.0% cap · market cap 5.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.11M
    $1.84M – $2.46M (±1% cap)
    NOI $147,363 @ 7.0% cap · market cap 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurant El Charrito ... Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.435
    Latitude
    47.175

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    FAQs

    What type of property is this?
    Turn key restaurant - Established restaurant with banquet room, nightclub potential, and ample parking.
    Where is this turn key restaurant located?
    The property is located at 9002 Pacific Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Established, fully operational restaurant in a prime Tacoma location.; Large 42,075 SF lot with ample parking (90 spaces).; Includes a 100‑seat banquet room for private events.
    (949) 394-9266 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sol Lemus
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