Tacoma Owner/User or Redevelopment Opportunity
Tacoma Owner/User or Redevelopment Opportunity
622 Tacoma Ave S, Tacoma, WA 98402, USA
$1,650,000
Contact Broker
Property Information
- Status: For Sale
- Broker(s): Dan Foster, Matthew Hinrichs
- Type: Office, Owner User, Redevelopment
- County: Pierce
- Land Size (SF): 16,250
- Building Size (SF): 8,277
- Year Built: 1956
- Year Renovated: 2023
- Zoning: DR: Downtown Residential District
Property Highlights
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Property Highlights:
- Building can be half-occupied by owner-user ASAP, and 100% occupied by mid-2025 or be leased out to market
- Johnston Architects has conducted initial planning for a vertical mixed-use (primarily apartment) development: 7-story 79,122 Gross SF project, 46,140 SF of residential & 1,653 SF of commercial
- Tacoma: a city that has become the ‘hot spot’ in Puget Sound for new residential living, retail, entertainment, education, and lifestyle. Flourishing like never before in its history and is one of the fastest-growing metropolitan areas in the US.
Marketing Materials
- Marketing Materials - URL: Offering Memorandum