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Johnny's Dock and Marina 1900 E D St 9,525 SF Retail Building Tacoma, WA 98421 $9,701,644 CAD ($1,018.55 CAD/SF)
INVESTMENT HIGHLIGHTS
- Four sources of revenue.
- Multifamily Tax Exemption
- Low land cost per unit for waterfront property
- Waterfront location near downtown Tacoma
- Cash flow during entitlement and construction
- 56 Slip Marina
EXECUTIVE SUMMARY
Johnny's Dock Restaurant and Marina is located on the scenic Thea Foss Waterway in the Central Business District of Tacoma, Washington. The property features a 9,525 square foot waterfront restaurant with spectacular views of downtown Tacoma, a 56 slip marina and approximately 41,646 square feet of land available for mixed use, hotel or office development.
The proposed mixed use development calls for a 10 story building with 84 residential units, 5 commercial suites, a rooftop community room and 3 floors of garage parking. As a mixed use property, it qualifies for a City of Tacoma Multifamily Tax Exemption eliminating structure tax for eight years. Waterfront residential units offer potential tenants sweeping views of the Foss Waterway, downtown Tacoma and out to Commencement Bay from the upper floors. The onsite marina provides boating enthusiasts convenient access to Puget Sound and beyond.
Johnny’s Dock Restaurant features extraordinary views of the downtown Tacoma skyline leaving customers with a memorable dining experience day or night. When weather allows, the outdoor deck is perfect for live music and dining next to the full service bar. The combined dining room, bar, deck and three banquet rooms have a dining capacity of over 300. The kitchen is equipped with a type 1 hood, three walk in coolers, multiple prep areas, three management offices and a loading dock. The location is ideal for drawing customers from downtown or the Tacoma Dome as a pre or post event meeting spot.
The proposed mixed use development calls for a 10 story building with 84 residential units, 5 commercial suites, a rooftop community room and 3 floors of garage parking. As a mixed use property, it qualifies for a City of Tacoma Multifamily Tax Exemption eliminating structure tax for eight years. Waterfront residential units offer potential tenants sweeping views of the Foss Waterway, downtown Tacoma and out to Commencement Bay from the upper floors. The onsite marina provides boating enthusiasts convenient access to Puget Sound and beyond.
Johnny’s Dock Restaurant features extraordinary views of the downtown Tacoma skyline leaving customers with a memorable dining experience day or night. When weather allows, the outdoor deck is perfect for live music and dining next to the full service bar. The combined dining room, bar, deck and three banquet rooms have a dining capacity of over 300. The kitchen is equipped with a type 1 hood, three walk in coolers, multiple prep areas, three management offices and a loading dock. The location is ideal for drawing customers from downtown or the Tacoma Dome as a pre or post event meeting spot.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,525 SF
Building Class
C
Year Built/Renovated
1956/1977
Price
$9,701,644 CAD
Price Per SF
$1,018.55 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.08
Lot Size
2.63 AC
Zoning
S1-14
Parking
120 Spaces (12.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Fenced Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- Waterfront
- Storage Space
- Air Conditioning
Bike Score®
Very Bikeable (73)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
13,620
99,217
266,889
415,833
2029 Population
14,338
102,498
274,446
428,071
2024-2029 Projected Population Growth
5.3%
3.3%
2.8%
2.9%
Median Age
37.4
36.7
37.7
37.8
College Degree + Higher
28%
31%
29%
18%
Daytime Employees
35,298
95,955
143,210
218,156
Total Businesses
3,367
10,072
15,691
26,136
Average Household Income
$76,876
$90,653
$98,120
$96,581
Median Household Income
$52,327
$70,840
$78,114
$76,246
Total Consumer Spending
$145.1M
$1.3B
$3.5B
$5.4B
2024 Households
5,980
40,876
105,129
163,350
Average Home Value
$472,411
$495,216
$509,908
$505,905
$ values in USD
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 895000-1625 | Improvements Assessment | $1,407,460 CAD |
| Land Assessment | $288,652 CAD | Total Assessment | $1,696,113 CAD |
PROPERTY TAXES
Parcel Number
895000-1625
Land Assessment
$288,652 CAD
Improvements Assessment
$1,407,460 CAD
Total Assessment
$1,696,113 CAD
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Johnny's Dock and Marina | 1900 E D St
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