2122 Commerce St Tacoma, WA 98402-3002
Property summary
This exceptional 5,062 square foot commercial space, located at 2122 Commerce St in Tacoma, WA 98402, is ideally situated within the historic Brewery District. Priced at $1,950,000 ($26/SF modified full-service, plus separately metered electric), this Class B property offers a blend of restaurant and executive office potential. Built in 1907, the suite features an elevator and internal staircase, along with signage opportunities. Parking is available at a market rate (3 spaces per 1,000 sq ft). High-end furniture is available for purchase. The location provides unparalleled access to Interstate 5, is two blocks from Union Station light rail, and is adjacent to the University of Washington Tacoma campus. Benefit from high foot traffic generated by surrounding hotels, businesses, apartments, and the university, as well as easy access for customers from Pacific Avenue. The Brewery Blocks complex itself boasts over 200 residential units and ample parking. This property presents a unique investment opportunity in a thriving Tacoma neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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