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    919 Market St Tacoma, WA 98402

    Sponsored
    For Sale
    $1,950,000

    Downtown Tacoma redevelopment opportunity. 25,500 SF, vacant.

    Property size:
    25,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25,500 square foot multi-use building presents a unique redevelopment opportunity in the heart of Tacoma's vibrant downtown commercial core. Located at 919 Market Street, this two-story structure, built in 1931, offers a flexible layout ideal for a variety of uses. The property boasts 15,000 square feet of space on Market Street and an additional 7,500 square feet on Court C, complemented by a 3,000 square foot mezzanine. Ceiling heights range from 8 to 18 feet, providing ample vertical space. The building features substantial power capacity (1200 amps – 480 3-phase

    Property Features for 919 Market St

    General Information

    Property type
    Distribution properties
    Square Feet
    25,500 SF

    Building Details

    Year Built
    1931
    Stories
    2

    HighLights

    • 9,184 SF site.
    • 25,500 SF building: 15,000 SF two‑story on Market Street, 7,500 SF on Court C, 3,000 SF mezzanine.
    • 8'-18' clear ceiling heights.
    • Heavy power: 1200 amps, 480 3‑phase, stepped down to 120/208v and 277v.
    • 10' grade‑level door at Court C level.
    • Flexible downtown commercial core zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tacoma Rubber Stamp ... Engraver Advance Marking Systems ... Sign Shop

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4413915
    Latitude
    47.2544256

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    FAQs

    What type of property is this?
    Distribution property - Downtown Tacoma redevelopment opportunity. 25,500 SF, vacant.
    Where is this distribution property located?
    The property is located at 919 Market St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 9,184 SF site.; 25,500 SF building: 15,000 SF two-story on Market Street, 7,500 SF on Court C, 3,000 SF mezzanine.; 8'-18' clear ceiling heights.
    Request Owner's contact information
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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
    919 Market St Tacoma, WA 98402
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