8801 Tacoma Way, Tacoma, WA 98499
This exceptional commercial property, located at 8801 S Tacoma Way in Tacoma, Washington, presents a unique investment opportunity. The 6,284 square foot building, constructed in 1970 and renovated in 1985, is classified as a Class B office and retail space. The two-story structure sits on a corner lot in a C2 zoned area, offering high visibility and accessibility. Key features include a prominent pylon sign, a covered two-lane drive-thru, and abundant parking. The interior boasts a spacious, open main floor lobby, three separate offices, and a mezzanine level featuring a large glass conference room. The building's history as a bank is evident in the presence of a large, functional vault. In addition to the main floor and mezzanine, there is over 4,000 square feet of basement storage space. This property is ideally suited for a bank, credit union, or other businesses requiring high visibility and ample space. The building's location on a signalized intersection ensures high traffic exposure. The asking price is $2,450,000. This is a rare opportunity to acquire a well-maintained, iconic building in a prime Tacoma location.
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.