711 Pacific Ave, Tacoma, WA 98402
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.
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Cosmopolitan Engineering Group Engineering Consultant
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CloudSway Inc Financial Advisor
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
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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.