Downtown Tacoma Commercial Redevelopment
For Sale
Contact for pricing
919 Market St, Tacoma, WA 98402
25,500 SF building in Tacoma's Downtown Commercial Core.
Property Size25,500 SF
Lot Size0.21 Acres
Price / SF$56.86
Days on Market1381
Property Features for 919 Market St
General Information
Standard status
Active
Size
25,500 SF
Lot size
0.21 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
NAI Puget Sound Properties
(253) 381-6747
Listed By:
Linn Larsen, SIOR
(253) 381-6747
Source:
Moodyscre
Added: Oct 27, 2022
Changed: Jul 6
Last Checked: Jul 21 at 4:11AM
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 NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
This 25,500 square foot building, constructed in 1931, is situated on a 9,184 square foot site. The building features 15,000 square feet across two stories on Market Street, 7,500 square feet on Court C, and a 3,000 square foot mezzanine. It includes a 10-foot grade-level door on the Court C level. The property has flexible zoning as part of the Downtown Commercial Core, which allows for most redevelopment schemes. It features heavy power, with 1200 amps at 480 3-phase, stepped down to 120/208v and 277v. Clear heights range from 8 to 18 feet. Located in an Opportunity Zone, the property provides redevelopment incentives. The current owner-occupied status allows for a quick sale.
Key Highlights
- Flexible Zoning (Downtown Commercial Core) allows for diverse redevelopment possibilities.
- Opportunity Zone offers valuable redevelopment incentives.
- Heavy Power (1200 amps – 480 3‑phase) stepped down to multiple voltages to support various operations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,384
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Aramark — 1500 Broadway, Tacoma, WA 98402
- Carla's Catering — Tacoma, WA 98402
- Tying The Knot — Tacoma, WA 98402
- The Vault Catering — 1316 M.L.K. Jr Way, Tacoma, WA 98405
Frequently Asked Questions
What type of property is this?
Flex space - 25,500 SF building in Tacoma's Downtown Commercial Core.
Where is this flex space located?
The property is located at 919 Market St Tacoma, WA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Flexible Zoning (Downtown Commercial Core) allows for diverse redevelopment possibilities.; Opportunity Zone offers valuable redevelopment incentives.; Heavy Power (1200 amps – 480 3‑phase) stepped down to multiple voltages to support various operations.
