738 BroadwayTacoma, WA 98402

Property Details for 738 Broadway

Year built

1919

Property size (Sq ft)

51,000 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity encompasses two mixed-use buildings totaling 51,000 square feet in Tacoma, Washington's desirable downtown core. Located at 738 & 722 Broadway, this property offers a unique blend of office and parking space. The four-story building at 738 Broadway boasts 24,000 square feet of renovated office and retail space, completed in 2021. This building sits on a 6,000 square foot lot and features a modern design. Adjacent to 738 Broadway is the 27,000 square foot parking facility at 722 Broadway, situated on a 9,000 square foot lot. This three-level structure provides 62 parking stalls, a warehouse area, and four storage spaces, also renovated in 2021. Both buildings are zoned DCC, offering flexibility for a variety of uses. The combined property offers an asking price of $4,000,000, with a price per square foot of $78.43. Built in 1919 (with renovations in 2021), the buildings benefit from an excellent location, providing easy access to major highways and public transportation, including the new light rail station at Old City Hall. The property is available for occupancy on June 25, 2024. This presents a compelling opportunity for owner-users or investors seeking a versatile and strategically located asset in a thriving urban environment.

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2564

Longitude

-122.441

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