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301 E 25th St

8,904 SF 100% Leased Retail Building Tacoma, WA 98421 $2,000,000 ($225/SF)

Executive Summary

• Great visibility, corner building.
• Restaurant on main floor, second floor banquet room and vacant apartments on the third floor.
• Built 1904 and remolded in 1975.
• The zoning is Downtown Mixed Use (DMU) City of Tacoma.
• Maximum building height is 100 feet.
• Blocks away from the Tacoma Dome, Sounder Transit station and Tacoma Link Light Rail.
• Easy access to major highways.
• Proximity to downtown Tacoma.
• Approximately 1,000 newly built multi-family units in surrounding area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,904 SF
Building Class
C
Year Built/Renovated
1904/1975
Price
$2,000,000
Price Per SF
$225
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.36
Lot Size
0.15 AC
Zoning
DMU - Downtown Mixed Use
Parking
7 Spaces (0.79 Spaces per 1,000 SF Leased)
Frontage
49 FT on E 25th St

Nearby Major Retailers

The Melting Pot
First Citizens Bank
Umpqua Bank
Starbucks
Ymca
U.S. Bank
Banner Bank
Bank of America
Keybank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
207519-0010
Land Assessment
$361,200
Improvements Assessment
$280,300
Total Assessment
$641,500
  • Listing ID: 30520983

  • Date on Market: 1/3/2024

  • Last Updated:

  • Address: 301 E 25th St, Tacoma, WA 98421

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