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2621 N Proctor St

10,415 SF 100% Leased Retail Building Tacoma, WA 98407 $4,250,000 ($408/SF)

Investment Highlights

  • 21,000 SF land
  • Appraisals and Environmental Studies available
  • Zoning NCX
  • All Cash or Terms Acceptable to Seller

Executive Summary

The Proctor area of Tacoma is a dense urban area well known for its popular locales such as the Metropolitan Market, Olympia Coffee, and the Blue Mouse Theater to name just a few of the many favorites. The desirable mixed-use property is located on the corner of 27th and Proctor and includes two parcels, one with a 10,415sf building on a lot of 14,900sf, and one vacant lot of 6,100sf. This location is in the NCX zoning district, which provides for a varied mix of residential, retail, and commercial uses, has enormous development potential. Please call broker to schedule tour.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,415 SF
Building Class
C
Year Built
1924
Price
$4,250,000
Price Per SF
$408
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Land Acres
0.48 AC
Zoning
NCX - Neighborhood Commercial Mixed Use
Parking
7 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
120 FT on N Proctor St

Amenities

  • Bus Line
  • Corner Lot
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Cafe
  • Accommodation and Food Services
  • 1,828 SF
  • -
  • -
  • New Era Cleaners & Laundry
  • Services
  • 2,743 SF
  • -
  • -
  • Tacoma Glass Blowing Studio
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Cafe Accommodation and Food Services 1,828 SF - -
New Era Cleaners & Laundry Services 2,743 SF - -
Tacoma Glass Blowing Studio Arts, Entertainment, and Recreation - - -
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 747501-2180
  • 747501-2240
Land Assessment
$1,724,100
Improvements Assessment
$813,800
Total Assessment
$2,537,900
  • Listing ID: 21993526

  • Date on Market: 1/16/2021

  • Last Updated:

  • Address: 2621 N Proctor St, Tacoma, WA 98407

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