2620 Proctor St Tacoma, WA 98407
This exceptional Tacoma restaurant, located at 2620 N Proctor Street, presents a lucrative investment opportunity. Priced at $2,200,000, the property boasts over $400,000 in recent upgrades, seamlessly blending modern functionality with the charm of the Proctor district. The spacious layout includes two expansive dining areas, ideal for upscale dining, catering, or hosting special events. A large host station ensures efficient guest management. The heart of the operation is a thoughtfully designed kitchen, complete with a dedicated bakery area, ample storage, and versatile workstations built for efficiency. The welcoming waiting area sets a sophisticated tone, enhancing the overall dining experience. High-quality finishes and details are evident throughout. The property benefits from its location within Proctor's vibrant community, attracting significant foot traffic due to the weekly farmers market and numerous local events. This presents a unique chance to acquire a thriving, well-established restaurant in a high-demand area. The property is offered as a general commercial space. The lot size is 0 acres. Please note that the square footage is not currently available. Serious inquiries only.
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Viva Tacoma Restaurant
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.