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2702 6th Ave Tacoma, WA 98406-7213

OFF-MARKET Retail space Google Maps
5,000 SF 0.11 ac lot Built 1926
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$660k
Range $594k – $726k (±10%)
Property ID US90-0099519

Property summary

AI-generated overview

This exceptional 5,000-square-foot retail storefront, located at 2702 6th Ave in Tacoma, Washington, presents a remarkable investment opportunity. Situated on a 0.115-acre lot in the vibrant Pierce County area (zip code 98406), this vacant property boasts high visibility due to its prominent location at the intersection of 6th Ave and S Oakes St. The building offers an open floor plan, ideal for a variety of retail or restaurant uses. Previous improvements include a fully installed hood and kitchen system, providing a significant advantage for food-related businesses. The property also benefits from readily available street signage, enhancing its marketing potential. The asking price for this turnkey retail space is $1,500,000. This is a rare chance to acquire a well-positioned, fully equipped retail building in a thriving Tacoma location. The property's size and features make it suitable for a wide range of businesses seeking a high-traffic location with excellent visibility. Don't miss this opportunity to establish your business in a prime Tacoma commercial area. Contact us today to learn more.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.11 ac (5,000 SF)
Zoning code NCX
APN 9100000950
UPID US90-0099519

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
  • Atm
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
$925k
Comparable Approach Comparable
$785k
Blend (final) Blend
$660k

Owner & transaction history

since 2025
7 recorded transactions
2026
Price N/A
2025
$1.3M
2005
$725,000
2002
$460,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
Top alternative use upside
Commercial (general) $1.5M +2.1%

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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