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1107-1109 Tacoma Ave S
Tacoma, WA 98402
Office Property For Sale


Executive Summary
Kidder Mathews is pleased to present the exclusive opportunity to showcase the Alexander Parker Building in downtown Tacoma.
This is a rare opportunity to acquire a professionally improved office building in the heart of Downtown Tacoma. Offered at $1,100,000 ($171 PSF), this asset presents a compelling owner/user opportunity for a professional services or legal firm seeking a prominent Downtown presence next to the courthouse with on-site parking.
Steps from the Pierce County Courthouse — ideal positioning for legal and professional services
13 on-site parking stalls: 6 covered + 7 surface — a rare amenity in Downtown Tacoma
Owner/user can occupy up to ±4,450 SF upon closing
Existing tenant lease expires April 30, 2027 with no renewal option — full building occupancy available
Opportunity to own your real estate rather than pay rent in the Downtown core
Prominent Tacoma Avenue S address with strong visibility and street presence
Centralized location with immediate access to I-705 and connecting highways
Walkable to courthouses, financial institutions, title companies, and downtown amenities
This is a rare opportunity to acquire a professionally improved office building in the heart of Downtown Tacoma. Offered at $1,100,000 ($171 PSF), this asset presents a compelling owner/user opportunity for a professional services or legal firm seeking a prominent Downtown presence next to the courthouse with on-site parking.
Steps from the Pierce County Courthouse — ideal positioning for legal and professional services
13 on-site parking stalls: 6 covered + 7 surface — a rare amenity in Downtown Tacoma
Owner/user can occupy up to ±4,450 SF upon closing
Existing tenant lease expires April 30, 2027 with no renewal option — full building occupancy available
Opportunity to own your real estate rather than pay rent in the Downtown core
Prominent Tacoma Avenue S address with strong visibility and street presence
Centralized location with immediate access to I-705 and connecting highways
Walkable to courthouses, financial institutions, title companies, and downtown amenities
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,400 SF
Building Class
B
Year Built/Renovated
1918/1983
Price
$1,529,297 CAD
Price Per SF
$238.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,200 SF
Slab To Slab
10’
Building FAR
1.05
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
DMU - DMU. Downtown Mixed Use
Parking
10 Spaces (1.56 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 201111-0020 | Improvements Assessment | $947,178 CAD |
| Land Assessment | $577,632 CAD | Total Assessment | $1,524,811 CAD |
Property Taxes
Parcel Number
201111-0020
Land Assessment
$577,632 CAD
Improvements Assessment
$947,178 CAD
Total Assessment
$1,524,811 CAD
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