6220 S Tacoma Way Tacoma, WA 98409
For Lease
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This exceptional industrial property, located at 6220 South Tacoma Way in Tacoma, Washington, presents a unique investment opportunity. The property consists of a single, two-story building totaling 50,924 square feet, situated on a 1.573-acre lot. The building, constructed in 1926, is classified as Class C and is zoned City of Tacoma M-1 STGPD. Currently, the property features three suites, with a minimum divisible space of 13,000 square feet, making it ideal for a variety of uses. The property is well-suited for dry storage or light manufacturing needs. Its convenient location on South Tacoma Way, near the intersection of 62nd, provides excellent access to major transportation routes. The property's annual taxes are $0.58 per square foot. This versatile space offers significant potential for businesses seeking a well-located industrial facility in Pierce County, Washington, with the zip code 98409. The property's multiple suite configuration allows for flexibility in tenant occupancy. This is a rare opportunity to acquire a substantial industrial property in a thriving Tacoma location.
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Genesis Automotive and RV Repair Auto Repair Shop
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Benchmark Custom Cabinets General Contractor Renovation Specialist
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
M1 · Tacoma, WATacoma. Always verify with local authorities before improvements.
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.