For Sale
$16,000,000

1015 A StTacoma, WA 98402

173,022 SF Office Building, Multifamily Potential

Overview

Added:
Dec 11, 2024
Days on market:
111
The TrueBlue Building, a twelve-story, 173,022 square foot office building located at 1015 A St, Tacoma, WA 98402, is offered for sale at $16,000,000. Built in 1910, this property presents a unique investment opportunity in the heart of Downtown Tacoma's Opportunity Zone. The building's impressive size and prime location offer significant potential for future development. An adjacent parking garage provides 294 parking stalls, a valuable asset for tenants or future residents. The existing office space provides substantial income potential, while the building's zoning allows for a multifamily conversion project, capitalizing on the growing demand for residential units in the vibrant Downtown Tacoma core. The price per square foot is $92.47. This property is situated in Pierce County and offers a compelling blend of established income and exciting redevelopment possibilities. The building's history and location combine to create a rare opportunity for investors seeking a high-impact project in a thriving urban environment. The substantial square footage and ample parking make this a truly exceptional offering.

Highlights

  • 12-story, 173,022 SF office building in Downtown Tacoma's Opportunity Zone.
  • Offered for sale at $16,000,000 ($92.47/SF).
  • Built in 1910, with significant redevelopment potential.
  • Adjacent 294-stall parking garage.
  • Existing office space provides substantial income; zoning allows for multifamily conversion.

Property Details for 1015 A St

Property type
Office properties
Square Feet
173,022 SF
Year Built
1910
Stories
12

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2538354
Longitude
-122.436809
1015 A St, Tacoma, Washington

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1015 A St
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