Prime commercial opportunity on highly visible South Tacoma Way. This 4,969 sq ft multi-tenant retail building sits on a 0.27-acre lot in the heart of Tacoma’s well-established Auto Row and commercial corridor. The property features three units: an established tavern, a leased smoke shop, and a vacant space with the potential to be divided into two additional storefronts—offering immediate income with upside for increased cash flow. Excellent street exposure is complemented by a prominent, existing signage structure—ideal for maximizing business visibility and tenant branding. The site benefits from strong daily traffic counts, convenient rear parking, and flexible C2 General Commercial zoning, allowing for a wide range of retail, service, food, and office uses. With four separate address points, the property provides exceptional flexibility for future tenant configurations or owner-user occupancy. This is a compelling opportunity for investors or business owners seeking a well-located asset with both stability and value-add potential in one of Tacoma’s most active commercial districts.
Listing Provided Courtesy of Carolyn Zheng, Skyline Properties, Inc.
General Information
NWM2494736
Commercial Industrial
5
DOM
0.28 acres
0
1949
Pierce
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Carolyn Zheng, Skyline Properties, Inc.
Krishna Realty data last checked: Mar 26, 2026 07:33 | Listing last modified Mar 26, 2026 01:01,
Source:
Prime commercial opportunity on highly visible South Tacoma Way. This 4,969 sq ft multi-tenant retail building sits on a 0.27-acre lot in the heart of Tacoma’s well-established Auto Row and commercial corridor. The property features three units: an established tavern, a leased smoke shop, and a vacant space with the potential to be divided into two additional storefronts—offering immediate income with upside for increased cash flow. Excellent street exposure is complemented by a prominent, existing signage structure—ideal for maximizing business visibility and tenant branding. The site benefits from strong daily traffic counts, convenient rear parking, and flexible C2 General Commercial zoning, allowing for a wide range of retail, service, food, and office uses. With four separate address points, the property provides exceptional flexibility for future tenant configurations or owner-user occupancy. This is a compelling opportunity for investors or business owners seeking a well-located asset with both stability and value-add potential in one of Tacoma’s most active commercial districts.
