Property Details

6401 S Tacoma Way
Tacoma, WA 98409
$1,860,000
MLS# 2494736 courtesy of NWMLS Listing firm: Skyline Properties, Inc.

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6401 S Tacoma Way , Tacoma, WA 98409-4004, Tacoma

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6401 S Tacoma Way , Tacoma, WA 98409-4004, Tacoma

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Commercial
Property Type
16.00%
Cap Rate
1949
Year Built

Property Overview

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.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County Pierce
Neighborhood South Tacoma
Listed Mar 20, 2026

Financial Summary

Cap Rate 16.00%
Gross Scheduled Income $114,000

Building & Use

Year Built 1949

Exterior & Lot

Lot Size 0.28 sqft
Year Built 1949

Location

City Tacoma
County Pierce
Coordinates 47.19903, -122.48329

Additional Information

Tax Year 2025
Annual Taxes $7,296
Possession Array
Listed By
Carolyn Zheng
Skyline Properties, Inc.

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