Listing provided courtesy of Keller Williams Downtown SeaNWMLSas Distributed by MLSGrid- MLS# NWM2530493MLS Provider

401 BroadwayTacoma, WA 98402

Commercial · 0.08 Acres
$2,995,000 Active

401 Broadway Overview

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Historic Blackwell Mansion in the heart of Tacoma! Rare 8,742 SF landmark property with breathtaking views of the Port of Tacoma, Commencement Bay & Mt. Rainier. Currently 99% leased with executive office suites, reception area, kitchenettes, shared conference rooms, elegant common areas, and top-floor penthouse apartment thaty was operated as an Airbnb. Prime remaining library suite offers an owner-user opportunity with incredible views. Rich historic craftsmanship throughout including grand staircase, radius leaded & stained-glass windows, white oak, mahogany & fir woodwork. Updated with high-speed internet, mini-split A/C & heat, electronic locks, security cameras & alarm. Steps from Stadium District, Light Rail & Downtown Tacoma. Buyer to verify zoning, permitted uses, and future multifamily/adaptive reuse potential.

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401 Broadway Facts & Features

  • Type Commercial
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 2800
  • Electric Expense: 2750
  • Gross Scheduled Income: 129000
  • Insurance Expense: 3500
  • Net Operating Income: 104262
  • Total Expenses: 23668
  • Water/Sewer/Garbage: 2500

Building Information

  • Year Built: 1889

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 20 - North Tacoma
  • Subdivision Name: Stadium District

Tax Information

  • Tax Annual Amount: $12,118.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: 2004050011
  • Possible Use: Business,Commercial,Multi-Family,Residential,Retail
  • Property Condition: Average
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Hardwood, Softwood, Vinyl Plank, Carpet
  • Foundation Details: Block, Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Dimensions: 85 x 38 x 34 x 85
  • Lot Size Square Feet: 3289
  • Lot Size Units: Square Feet
  • Site Frontage: 38
  • Topography: Sloped
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition, Flat
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Stone, Wood, Wood Products
  • Number Of Units Total: 10
  • Sewer: Sewer Connected

Unit Information

Unit 6 Details

  • Actual Rent: 1050

Unit 2 Details

  • Actual Rent: 1150

Unit 3 Details

  • Actual Rent: 1150

Unit 5 Details

  • Actual Rent: 1250

Unit 1 Details

  • Actual Rent: 2800

Unit 7 Details

  • Actual Rent: 3000

Unit 10 Details

  • Actual Rent: 3000

Unit 4 Details

  • Actual Rent: 800

Unit 9 Details

  • Unit Type: Short Term Rental

Unit 8 Details

  • Unit Type: Tattoo Parlor
  • Actual Rent: 2000

401 Broadway Neighborhood

Community

98402 (Tacoma) Demographics

35
Median Age
5,975
Population Density (per sq. mile)
51%
College Educated
$57,083
Estimated Median Income
755
Estimated Total Home Owners
2,982
Estimated Total Renters
20% / 80%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401 Broadway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401 Broadway Market Data

Based on the last 30 days in this zip code

$476,627
Average List Price
$419
Average Price per Square Foot
4
Properties Sold
72
Average Days on Market
29
Properties for Sale
Calculations provided by Reliance Network

401 Broadway History

Date Event Value Agent
5/27/2026Source: NWMLS Added to Database
May 27, 2026