0 Tower Rd Denver, CO 80249
This exceptional three-story retail building, boasting 11,882 square feet of space, presents a unique investment opportunity in the heart of Downtown Tacoma. Constructed in 1909, the property retains its original historical charm, evidenced by its beautiful brick façade situated on Pacific Avenue. The building's multiple tenancy structure offers diverse income streams and potential for future growth. Situated on a 5,663 square foot lot, the property benefits from its strategic location within the Tacoma Central Business District (CBD), providing easy access to major freeways and the convenient light rail system, ensuring high visibility and accessibility for both tenants and customers. The zoning designation is DCC HIST, reflecting its historical significance and potential for preservation-minded development. The Pierce County property, identified by APN 9008180020, offers a blend of historical character and modern convenience, making it an ideal investment for those seeking a strong foothold in a thriving urban market. The building's solid construction and prime location promise a stable and potentially appreciating asset. This is a rare opportunity to acquire a piece of Tacoma's rich history while capitalizing on the city's ongoing revitalization and growth. The building's multiple tenants provide a diversified income stream, minimizing risk and maximizing return on investment. The property's central location ensures high foot traffic and visibility, attracting a wide range of potential customers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.