720 Pacific Ave Tacoma, WA 98402-5208
This exceptional 720 Pacific Ave, Tacoma, WA 98402 retail space presents a fantastic opportunity for a restaurant. Located in Pierce County, this single-tenant property boasts a highly desirable location directly across the street from The Matador and adjacent to Wooden City Tacoma, ensuring high visibility and foot traffic. The property is classified as a retail space, specifically suited for restaurant use. Its strategic position within a vibrant commercial area promises significant potential for success. The address is easily accessible and benefits from excellent proximity to other established businesses, creating a synergistic environment. This property offers a unique chance to establish or expand a restaurant operation in a thriving Tacoma neighborhood. The building's layout and features are ideal for a restaurant concept, though specific details regarding square footage and internal configuration would need to be confirmed through further inquiry. Interested parties are encouraged to conduct their own due diligence to assess the suitability of the property for their specific business needs. The property's location offers significant advantages in terms of customer accessibility and brand visibility. This is a rare opportunity to secure a prime commercial space in a high-demand area.
same uses prohibited in the DCC D istrict are also prohibited in the DMU District. The maximum building height in this district is 100 feet. 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…
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
DCC · Tacoma, WAsame uses prohibited in the DCC D istrict are also prohibited in the DMU District. The maximum building height in this district is 100 feet. 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 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.