Property Details
3515 3517 S Cedar Street
Tacoma, WA 98409
$849,000
Active
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Property Overview
Prime commercial investment opportunity in Tacoma’s established automotive corridor. This offering includes two legal parcels totaling approximately 24,500 SF (0.56 acres), featuring a 4,880 SF service garage, a separate office building, and ample paved parking/display area. Currently leased to Auto Sales through September 30, 2030, with scheduled annual rent increases and renewal options, providing stable cash flow and long-term investment potential. Recent improvements include a new metal roof for shop building and connection to the City of Tacoma sewer system. Convenient access to I-5 make this property ideal for investors or future owner-users. Buyer to verify all information, including square footage, zoning, and permitted uses.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Pierce
Neighborhood
South Tacoma
Listed
Jul 22, 2026
Parcel Number
9710000111
Tax & HOA
Annual Property Tax
$7,502 (2026)
Est. Monthly Tax
$625/mo
Financial Summary
Net Operating Income
$35,798
Gross Scheduled Income
$45,600
Total Actual Rent
$3,800/mo
Building & Use
Total Units
1
Sq Ft Rented
4,880
Zoning
Commercial,Industrial-Light,See Remarks
Possible Use
Commercial, Industrial, See Remarks
Year Built
1940
Exterior & Lot
Lot Size
0.56 sqft
Year Built
1940
Exterior Materials
Metal/Vinyl, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Metal/Vinyl, Wood Products
Community & Access
Directions
From S Tacoma Way, R on 38th, L on Cedar St, shop on right side.
Location
City
Tacoma
County
Pierce
Coordinates
47.22765, -122.47594
Additional Information
Tax Year
2026
Annual Taxes
$7,502
Possession
Array
Based on information submitted to the MLS GRID as of July 22, 2026 6:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
