401 Broadway Tacoma, WA 98402
For Sale
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This rare opportunity presents the chance to acquire the iconic Blackwell Mansion, a magnificent 8,742 square foot commercial property located at 401 Broadway in Tacoma, Washington. Boasting breathtaking views of the Port of Tacoma, Commencement Bay, and Mount Rainier, this three-story Class B building offers a unique blend of historical charm and modern amenities. The property includes a luxurious penthouse apartment, currently operating as an Airbnb, featuring an open-concept kitchen, living, and dining area, vaulted ceilings, two bedrooms, and two bathrooms. The remaining floors comprise executive office suites, including a substantial 2,000 square foot suite, a welcoming reception area, conveniently located kitchenettes, shared conference rooms, and ample common areas. Architectural details such as a grand staircase, exquisite stained-glass windows, and fine woodwork throughout add to the property's undeniable elegance. The building's prime location places it within easy walking distance of the Stadium, the Light Rail, and downtown Tacoma, ensuring convenient access for tenants and clients. Modern updates include high-speed internet access, energy-efficient mini-split air conditioning and heat pumps, electronic locking systems, security cameras, and a comprehensive alarm system, providing both comfort and security. Priced at $2,875,900, this exceptional property represents a truly unique investment opportunity in the heart of Tacoma. The property sits on a 0-acre lot.
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Teresa Maples Zuvela MS LMHC CSAT Counselor
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Tacoma Workspace Coworking & Hybrid Office
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Marisa Bell Physician
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Harder Foundation Charitable Organization Social Service Agency
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The Money Store Loan Service Bank
DR: Downtown Residential The DR D istrict contains a predominance of mid -rise, higher density, urban residential development, together with places of employment and retail services. The preferred use of the DR District is residential. Retail, office, and educational uses are also allowed. Industrial uses are prohibited. The maximum building height in this d…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DR · Tacoma, WADR: Downtown Residential The DR D istrict contains a predominance of mid -rise, higher density, urban residential development, together with places of employment and retail services. The preferred use of the DR District is residential. Retail, office, and educational uses are also allowed. Industrial uses are prohibited. The maximum building height in this district is 90 feet.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
