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    OFF-MARKET
    Office Spaces

    711 Pacific Ave, Tacoma, WA 98402

    10,343 SF 0.14 ac lot Built 1918
    Property ID
    Property summary
    AI-generated overview

    This exceptional executive office building, located at 711, 715 & 717 Pacific Ave in the heart of downtown Tacoma, WA, presents a rare ownership opportunity. The property, encompassing 10,343 square feet across two stories, sits on a 0.14-acre lot and boasts 6 parking spaces. Originally built in 1918 and extensively renovated in 2016, this Class C building offers 7,720 square feet of net rentable space, priced at $181.28 per square foot, with an asking price of $1,875,000. The property is zoned DC - Downtown Commercial Core, providing flexibility for various uses. Its prime location offers excellent visibility and accessibility, with proximity to public transportation including the Metro Bus Line and Link Light Rail just one block away. The building features masonry construction and benefits from its location in an Opportunity Zone. Access is available from both Pacific Avenue and a convenient court. This is an ideal owner-user opportunity in a thriving downtown market. The property's combined first and second floors offer a unique and versatile space. The APN is 2007030050.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1918
    Total area 10,343 SF
    Lot 0.14 ac (6,098 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cosmopolitan Engineering Group Engineering Consultant
    • CloudSway Inc Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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