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    S & C St Tacoma, WA 98444

    Sponsored
    For Lease
    $6 SF/Yr ($1,622 /Mo)

    Prime Tacoma location, multiple suites available.

    Lot size:
    3,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Tacoma commercial property, located at the intersection of Garfield Street S and C Street S in the 98444 zip code, offers a unique investment opportunity. The building, totaling 3,245 square feet, features a mix of retail, office, and restaurant spaces, currently configured as a three-tenant retail asset. Two executive office suites are immediately available, ranging from 700 to 960 contiguous square feet, with a total of 1,660 square feet currently vacant. The existing tenants, a restaurant, barber shop, and esthetician, have demonstrated strong occupancy and consistent operation since signing leases in early 2020, even throughout the COVID-19 pandemic, indicating a stable and low-maintenance cash flow. The property benefits from ample parking located behind the building, providing convenient access for tenants and customers. This location offers excellent visibility, situated directly across Garfield Street S from the Garfield Center Building, ensuring high foot traffic and exposure. The property is classified as a multi-tenant building within Pierce County, Washington, and presents a compelling opportunity for businesses seeking a well-established and thriving commercial space in a desirable Tacoma location. The minimum divisible space is 700 square feet.

    Property Features for 0 S & C St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,245 SF
    Total Rate
    1622.5

    Unit(s) available at that property

    Space
    Suite 415
    Size
    700 SF
    Rate per SF
    $21
    Space
    Suite 410
    Size
    960 SF
    Rate per SF
    $6

    HighLights

    • $21.00/SF, Gross Modified Lease (excluding basement); Landlord pays all operating expenses except tenant's separately metered electricity, phone, and internet.
    • $100/month additional charge for water, sewer, and garbage.
    • Suite 415: 700 SF.
    • Suite 410: 960 SF basement space; $6.00/SF, Gross Lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.450392
    Latitude
    47.146246

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    FAQs

    What type of property is this?
    Restaurant - Prime Tacoma location, multiple suites available.
    Where is this restaurant located?
    The property is located at S & C St Tacoma, WA.
    What is the lease rate?
    The lease rate is $6-$21 SF/Yr.
    What are key features of this property?
    This property features: $21.00/SF, Gross Modified Lease (excluding basement); Landlord pays all operating expenses except tenant's separately metered electricity, phone, and internet.; $100/month additional charge for water, sewer, and garbage.; Suite 415: 700 SF.
    Request Owner's contact information
    S & C St Tacoma, WA 98444
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    Tacoma, WA 98444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    S & C St Tacoma, WA 98444
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