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Property profile

1101 Pacific Ave Tacoma, WA 98402

OFF-MARKET
Retail properties & Spaces
105,000 SF Built 1918
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Property summary

AI-generated overview

This exceptional four-story Class B office building, situated at 1101-1111 Pacific Ave in Tacoma, WA, offers a prime location in the heart of the city's business district. Built in 1918 and renovated in 1985, the 105,000 square foot property boasts a blend of historical charm and modern functionality. The building features multiple tenancies, with a minimum divisible space of 1,831 square feet and a maximum contiguous space of 7,753 square feet. Currently, 11,495 square feet of space is available. The property sits on a 0.48-acre lot and is zoned DCC. Conveniently located near the Hotel Murano, Marriott Hotel, Tacoma Convention Center, YMCA, and Link Light Rail, this building provides unparalleled access to amenities and transportation. With its impressive size, flexible space options, and desirable location, this property presents a unique opportunity for businesses seeking a prominent presence in Tacoma's vibrant downtown core. The building includes elevators and offers both executive and traditional office spaces, along with street-level retail space. The Pierce County property (APN: 2011030010

Property profile

Verified
Property type Retail properties & Spaces
Year built 1918
Total area 105,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Bank Loan Service
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency

Location

1101 Pacific Ave Tacoma, WA 98402
Tacoma metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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