Retail Space
5425 Pacific Avenue Tacoma, WA 98408
Details & Description
Price: $399,000
    Ideal for the beginner investor! This established retail location offers two retail units on ground level and two separate apartment living spaces located on the second floor. Additional office/retail space also available on the 2nd floor. Currently leased retail spaces provide instant income. Spacious 2 bedroom apartment and separate single bedroom apartment available for additional income, both units currently vacant. Listed well below replacement value at $118 per square foot. Watch your business flourish on highly traveled Pacific Ave.
    Additional Photos
    Listing Agents
    Michael Armanious

    O: 253-460-8640
    M: 253-988-6115
    marmanious@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5425 Pacific Avenue

    Tacoma, WA 98408

    Listing ID: 265772
    • 5425 Pacific Avenue Tacoma, WA 98408 | for Sale | Photo 1
    • 5425 Pacific Avenue Tacoma, WA 98408 | for Sale | Photo 2
    • 5425 Pacific Avenue Tacoma, WA 98408 | for Sale | Photo 3
    • 5425 Pacific Avenue Tacoma, WA 98408 | for Sale | Photo 4
    5425 Pacific Avenue | for Sale | Thumbnail 1
    5425 Pacific Avenue | for Sale | Thumbnail 2
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    5425 Pacific Avenue | for Sale | Thumbnail 4
    Building Size: 3,400 SF
    Lot Size: 0.100 AC
    Land Size: 4,375 SF
    Building $/SF: $117.35
    Land $/SF: $91.20
    Price
    $399,000
    Description

    Ideal for the beginner investor! This established retail location offers two retail units on ground level and two separate apartment living spaces located on the second floor. Additional office/retail space also available on the 2nd floor. Currently leased retail spaces provide instant income. Spacious 2 bedroom apartment and separate single bedroom apartment available for additional income, both units currently vacant. Listed well below replacement value at $118 per square foot. Watch your business flourish on highly traveled Pacific Ave.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Tacoma History of Retail Space for Sale

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    Tacoma Area Market Trends

    Listing Demographics for 5425 Pacific Avenue Tacoma, WA 98408

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population21,371116,394267,357
    Population Median Age353636
    Population by Age0-9 Yrs3442 (16%)16609 (14%)36423 (13%)
    10-19 Yrs2375 (11%)14283 (12%)31394 (11%)
    20-29 Yrs3536 (16%)19029 (16%)47049 (17%)
    30-39 Yrs3482 (16%)18776 (16%)41805 (15%)
    40-49 Yrs2543 (11%)14912 (12%)32851 (12%)
    50-59 Yrs2620 (12%)13919 (11%)32096 (12%)
    60-69 Yrs1870 (8%)10542 (9%)25181 (9%)
    70+ Yrs1502 (7%)8325 (7%)20559 (7%)
    Median HH Income$63,717$55,242$57,604
    Total Household Income< 24K1083 (14%)8619 (20%)20498 (20%)
    25-49K1460 (20%)10345 (24%)23877 (23%)
    50-74K1790 (24%)9116 (21%)20125 (19%)
    75-99K1231 (16%)5847 (13%)13920 (13%)
    100-199K1474 (20%)7351 (17%)20293 (19%)
    200K+228 (3%)1067 (2%)3656 (3%)
    Highest Education LevelNo Diploma17241287122190
    Diploma or GED43132263949789
    Some College39531973444001
    Assoc. Degree1184719417419
    Bachelors Degree21571081330067
    Higher Degree935398614373
    Total Housing Units7,77345,525110,481
    --Owner-Occupied5,06722,00250,211
    --Renter-Occupied2,20020,34252,158
    Owner-Occupied Values< 100K25415023108
    100-199K1980763212192
    200-299K2007859917109
    300-399K692332810130
    400-499K904863987
    500K+444553684
    Total Working Age Population16,32090,892212,438
    In Work Force11,20658,972139,378
    Not In Work Force5,11331,92173,060
    Workforce Employed10,44854,871128,960
    Workforce Unemployed6163,1597,628
    Civlian Workforce11,06458,030136,588
    Military Workforce1429422,790
    Total Households7,26742,344102,369
    Family Households4,88525,93760,109
    Non-Family Households2,38216,40742,260
    Married Couple3,23016,50840,538
    Other Family1,6559,42919,571
    Married w/Child1,4637,18417,378
    Single Male w/Child2911,3342,867
    Single Female w/Child5333,6917,948

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    King County1,737,034+111,931,249+162,231,408+112,474,625
    Pierce County700,820+13795,225+13901,251+111,002,412
    Thurston County207,355+22252,264+17294,333+14335,965

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5425 Pacific Avenue in Tacoma?
    The asking price for 5425 Pacific Avenue is $399,000
    What is the building size of this Retail property in Tacoma, WA?
    The size of the building/unit at 5425 Pacific Avenue in Tacoma is 3,400 square feet
    How much land does the Tacoma, WA property at 5425 Pacific Avenue include?
    5425 Pacific Avenue in Tacoma includes 0.100 acres of land
    What kind of Retail is the propery at 5425 Pacific Avenue?
    The property at 5425 Pacific Avenue Tacoma, WA 98408 is listed as a Other Retail Retail property
    What is the population within 1 mile of 5425 Pacific Avenue in Tacoma?
    The population within 1 mile of 5425 Pacific Avenue Tacoma, WA 98408 is 21,371 people.
    Who do I contact for questions about 5425 Pacific Avenue?
    You should contact the listing agent, Michael Armanious , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    4617 Pacific Avenue, Tacoma, WA $450,000 2550 0.13
    3857 McKinley Avenue, Tacoma, WA $800,000 3016 0.2
    3709 South G Street, Tacoma, WA $350,000 3528 0.16
    9639 Pacific Avenue, Tacoma, WA $1,200,000 4878 0.46
    3130 South 23rd Street, Tacoma, WA $12,720,000 61484 5.62
    1701 Division Avenue, Tacoma, WA $685,000 1161 0.11
    10105 South Tacoma Way, Tacoma, WA $1,499,900 2940 0.75
    12811 Pacific Avenue South, Tacoma, WA $1,470,000 500 0.38
    6108 Mount Tacoma Drive Southwest, Lakewood, WA $2,120,000 11866 0.77
    11701 Bridgeport Way Southwest, Lakewood, WA $3,350,000 13529 0.38

    Closest Commercial Airports

    Airport Distance (mi)
    Seattle Tacoma International Airport (SEA) 18
    Boeing Field King County International Airport (BFI) 23
    Portland International Airport (PDX) 112
    Price
    $399,000
    Listing Agent
    More listings from Michael Armanious
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