Listing provided courtesy of Goldhouse RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2245828MLS Provider

2505 Tacoma Avenue STacoma, WA 98402

Commercial · 0.07 Acres
$220,000 Active

2505 Tacoma Avenue S Overview

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Prime Real Estate Opportunity in Vibrant Downtown Tacoma! Nestled within the thriving urban landscape, this 1,320 sq. ft. building sitting on a 3,000 sq ft lot presents a rare opportunity for investors. Boasting a coveted WR Zoning classification for Multi-family, Commercial, Business, Retail Storefront and a dynamic Mixed-use Development. The property is in close proximity to an array of amenities including eateries, entertainment, transportation hubs, historic & cultural attractions. Commuting & connectivity are effortless, making it an ideal location for residents and business alike.

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2505 Tacoma Avenue S Facts & Features

  • Type Commercial
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 30 - Central Tacoma
  • Subdivision Name: Central Tacoma

Tax Information

  • Tax Annual Amount: $8.77
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2025110015
  • Possible Use: Business,Commercial,Multi-Family,Residential,Retail,See Remarks
  • Property Condition: Fixer
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: See Remarks

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: See Remarks
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,See Remarks

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Dimensions: 3000
  • Lot Size Square Feet: 3000
  • Lot Size Units: Square Feet
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: Public, See Remarks

Building Exterior/Construction

  • Structure Type: Unspecified

General Information

  • Carport: No
  • Number Of Units Total: 0
  • Sewer: Available, Sewer Connected

2505 Tacoma Avenue S 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.

2505 Tacoma Avenue S 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.

2505 Tacoma Avenue S 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

2505 Tacoma Avenue S History

Date Event Value Agent
2/20/2026Source: NWMLS Price Reduction
$220,000 -7.9%
9/26/2024Source: NWMLS Price Reduction
$239,000 -4.0%
5/31/2024Source: NWMLS Added to Database
May 31, 2024