Property summary
This exceptional 2,000 square foot retail space, located at 111 S 38th St, Tacoma, WA 98418, is situated within an existing and operational 24 Hour Fitness gym. The single-tenant space is ideal for a variety of fitness-related businesses. Suitable uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories, including workout apparel. The landlord will consider other complementary health, mental health, and wellness uses. Please note: Food and beverage preparation on-site is prohibited, as are pole dancing classes and uses requiring significant construction or utility upgrades. Rent includes common area maintenance, taxes, and utilities (excluding phone, cable, and internet). This Tacoma, Washington property presents a unique opportunity within the Seattle submarket.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allow…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C2 · Tacoma, WAC-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allow…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allow…
What can be built and operated here — officially.
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