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Executive Summary

Commercial Building. Retail or Mixed-Use Opportunity (Buyer to verify) This 1910-built commercial property offering 5,840 sq ft of versatile space with endless potential. Rich in history and flexible in layout, this unique building is ideal for investors, developers, or owner-users seeking a multi-family conversion or mixed-use opportunity.The lower level features a functional kitchen and half bath, providing a great foundation for shared living space, workspace, or tenant amenities. Upstairs, you’ll find multiple rooms of varying sizes, along with a 1¾ bath and an additional full bath, making it well-suited for reconfiguration into separate living units, offices, or short-term rental spaces.With its abundant room count and flexible floor plan, this property offers the ability to create multiple income streams or tailor the space to your vision. Whether you're looking to renovate, restore, or repurpose, this building is a rare opportunity to bring new life to a historic structure. The subject site is zoned C2-STGPD: General Community Commercial District and within the South Tacoma Groundwater Protection District. Residential sues are allowed in Commercial Districts.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,840 SF
Building Class
C
Year Built
1910
Price
$1,025,880 CAD
Price Per SF
$175.66 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.12 AC
Zoning
C2 - The subject site is zoned C2-STGPD
Frontage
79’ on S 23rd St
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Ezell's Famous Chicken
Safeway
First Citizens Bank
The Melting Pot
Starbucks
Chase Bank
The Old Spaghetti Factory
Charles Schwab
Bank of Montreal
Bank of America

Property Taxes

Property Taxes

Parcel Number
768500-2780
Land Assessment
$293,818 CAD
Improvements Assessment
$356,341 CAD
Total Assessment
$650,159 CAD
  • Listing ID: 40306412

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 1315 S 23rd St, Tacoma, WA 98405

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