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    917 Pacific Ave Tacoma, WA 98402

    Sponsored
    For Lease
    $16 SF/Yr

    Historic building, diverse office suites, prime location.

    Lot size:
    74,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Provident Building, a six-story, 74,360 square foot Class B office building at 917 Pacific Ave in Tacoma, WA, offers a unique blend of traditional, executive, and creative office spaces. Built in 1903, this historic building sits on a 0.28-acre lot and features multiple tenancies, ideal for businesses of varying sizes. The property is zoned DCC and its APN is 2009030030. While the building itself does not offer on-site parking, convenient monthly parking is available in nearby garages, and metered street parking is available at $1.00 per hour. The building includes elevators for easy access to all six floors. Its prime location in downtown Tacoma provides excellent visibility on Pacific Avenue, with easy access to the light rail station and the I-705 entrance. Street-level retail space is also available, making this a versatile property suitable for a variety of businesses. This property presents a rare opportunity to lease space in a historic building with modern conveniences in a thriving downtown location. The building's diverse office space options cater to a wide range of business needs, from traditional office layouts to more creative and flexible work environments.

    Property Features for 917 Pacific Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,360 SF
    Class
    B
    Total Rate
    99146.67

    Building Details

    Year Built
    1903
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 506
    Size
    5,450 SF
    Rate per SF
    $20
    Space
    Suite 207
    Size
    2,598 SF
    Rate per SF
    $18
    Space
    Suite 408
    Size
    1,105 SF
    Rate per SF
    $20

    HighLights

    • Historic six‑story, 74,360 SF Class B office building in downtown Tacoma.
    • Located on a 0.28‑acre lot at 917 Pacific Ave, APN 2009030030, zoned DCC.
    • Offers diverse office spaces, including traditional, executive, and creative layouts, suitable for various business sizes.
    • Features elevators and street‑level retail space.
    • Convenient access to light rail, I‑705, and nearby parking garages; metered street parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Pacific Mortgage Mortgage Lender Bay Equity Home ... Mortgage Lender Marilyn Boyle MA, ... Counselor draw from within Medical Clinic R & I Tax ... Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4385008
    Latitude
    47.2548735

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    FAQs

    What type of property is this?
    Office space - Historic building, diverse office suites, prime location.
    Where is this office space located?
    The property is located at 917 Pacific Ave Tacoma, WA.
    What is the lease rate?
    The lease rate is $18-$20 SF/Yr.
    What are key features of this property?
    This property features: Historic six-story, 74,360 SF Class B office building in downtown Tacoma.; Located on a 0.28-acre lot at 917 Pacific Ave, APN 2009030030, zoned DCC.; Offers diverse office spaces, including traditional, executive, and creative layouts, suitable for various business sizes.
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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
    917 Pacific Ave Tacoma, WA 98402
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