Prime Owner-User or Investment Opportunity | 74th Street Plaza, Tacoma
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Secure a high-visibility, 22,291 SF office and retail plaza in one of Tacoma’s busiest corridors. Located at the signalized corner of S 74th St and S Madison St, this property benefits from daily traffic counts exceeding 23,000 vehicles and immediate access to I-5.
Investment Highlights
Versatile Layout: 11 total suites with a 6,488 SF vacancy—perfect for an owner-occupant looking to offset their mortgage with existing rental income.
Strong Cash Flow!
Exceptional Parking: A rare 7.58/1,000 SF parking ratio with 169 dedicated stalls.
Development Potential: Includes a separate 1.1-acre parcel zoned M-1 (Light Industrial), offering future expansion or the option to sell the parcel separately for immediate profit.
Recent Capital Improvements
New HVAC system (2020)
Parking lot resurfacing and re-striping (2018)
New exterior paint (2017)
Roof replacements (2015/2017)
Location Matters
Nestled in a supply-constrained market, the 74th Street Plaza is surrounded by national retail amenities and professional services, making it a "sticky" location for long-term tenants.
Asking Price: $3,575,000
Building Size: 22,291 SF
Lot Size: 2.52 Acres total
Zoning: Office / M-1 (Light Industrial)
Investment Highlights
Versatile Layout: 11 total suites with a 6,488 SF vacancy—perfect for an owner-occupant looking to offset their mortgage with existing rental income.
Strong Cash Flow!
Exceptional Parking: A rare 7.58/1,000 SF parking ratio with 169 dedicated stalls.
Development Potential: Includes a separate 1.1-acre parcel zoned M-1 (Light Industrial), offering future expansion or the option to sell the parcel separately for immediate profit.
Recent Capital Improvements
New HVAC system (2020)
Parking lot resurfacing and re-striping (2018)
New exterior paint (2017)
Roof replacements (2015/2017)
Location Matters
Nestled in a supply-constrained market, the 74th Street Plaza is surrounded by national retail amenities and professional services, making it a "sticky" location for long-term tenants.
Asking Price: $3,575,000
Building Size: 22,291 SF
Lot Size: 2.52 Acres total
Zoning: Office / M-1 (Light Industrial)
Listing Info
- ID:
- 2479884
- Listing Views:
Business Location
Listing ID: 2479884 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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