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    OFF-MARKET
    Retail properties & Spaces

    8801 Tacoma Way, Tacoma, WA 98499

    6,284 SF Built 1970
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Total area 6,284 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
    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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