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2609 6th Ave Tacoma, WA 98406-7226

OFF-MARKET Retail space Google Maps
11,960 SF 0.09 ac lot Built 1922
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$730k
Range $657k – $803k (±10%)
Property ID US90-0737032

Property summary

AI-generated overview

This exceptional three-story office building, located at 2609 6th Avenue in Tacoma, Washington, offers 12,000 square feet of versatile space. Currently, 8,000 square feet is available for lease, with a minimum divisible space of 4,000 square feet. The building is divided into three suites, providing flexibility for businesses of various sizes. Renovated in 2015, the property boasts 8-10 foot ceilings, creating a bright and spacious atmosphere. While elevators are not present, the building's three stories are easily accessible. The building's location on 6th Avenue in Tacoma, Pierce County (zip code 98406), provides excellent access to a variety of amenities, including numerous dining and meeting options within walking distance. The open floor plans on the second and third floors offer a blank canvas for tenants to customize their workspace to perfectly suit their needs. This is a fantastic opportunity to secure a prominent location in a thriving Tacoma business district. The property is ideal for businesses seeking a flexible and well-located office space in a vibrant urban setting. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,960 SF
Lot 0.09 ac (4,000 SF)
Zoning code NCX
APN 4415000750
UPID US90-0737032

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Wedding Service
  • Arcade & Gaming Center (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$730k

Owner & transaction history

since 2019
2 recorded transactions
2019
$1.2M
2013
$500,000

Zoning & alternative use

NCX · Tacoma, WA
Zoning description

NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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