1301-1305 Tacoma Ave Tacoma, WA 98402
- Office Properties & Spaces
- 153,600 SF
- 1.55 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1301-1305 Tacoma Ave
- Year built
- 1960
- Lot size
- 1.55 lot acres
- Property size
- 153,600 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 153,600 square foot Class B executive office building, situated on a 1.55-acre lot in Tacoma, WA (98402), presents a compelling investment opportunity. Built in phases between 1960 and 1980, this three-story building features 116,340 square feet of net rentable space, priced at $84.64 per square foot for a total asking price of $13,000,000. The property boasts ample parking with 380 spaces, conveniently located near downtown amenities and public transit. Its location within the Downtown Residential District zoning allows for diverse redevelopment possibilities. The building offers significant flexibility with six entrances and the largest floor plates in Tacoma, providing unparalleled adaptability for various uses. Historically occupied by government tenants, ensuring a stable rental history, new leases are currently under negotiation for vacant portions. This presents a unique opportunity for an owner-user, value-add buyer, or developer seeking to repurpose the unleased space. The property's address is 1301-1305 Tacoma Avenue S, with APN 2013110013 & 2013110020. The substantial size and prime location make this a highly attractive investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.443
- Latitude
- 47.2501
