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401 Broadway
Tacoma, WA 98402
Historic Blackwell Mansion Bldg · Office Property For Sale
Investment Highlights
- This property was the home to Steven Blackwell's Mansion.
Executive Summary
RARE OPPORTUNITY TO OWN THE ICONIC BLACKWELL MANSION ~ Imagine hosting clients in luxurious office suites with breathtaking views of the Port of Tacoma, Commencement Bay & Mt. Rainier. 8,742 sq ft gem features a top-floor penthouse apartment with open-concept kitchen-living-dining, vaulted ceilings, 2 beds-baths, currently an Airbnb. The mansion offers 3 floors of Class B executive office suites, including a 2000 sq ft suite, reception area, kitchenettes, shared conference rooms, & common areas. Admire the grand staircase, stunning stained-glass windows, & fine woodwork. Steps from Stadium, Light Rail & Downtown Tacoma! Modern updates include high-speed internet, mini-split A/C & heat pumps, electric locks, security cameras, & alarm system.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,743 SF
Building Class
C
Year Built/Renovated
1891/1974
Price
$3,547,298 CAD
Price Per SF
$405.73 CAD
Cap Rate
4.77%
NOI
$169,357 CAD
Percent Leased
66%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,550 SF
Building FAR
2.51
Lot Size
0.08 AC
Zoning
C3 - Downtown Commercial Core zoning; ideal for professional offices, creative studios, or boutique commercial uses.
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Signage
- Reception
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 200405-0011 | Improvements Assessment | $1,117,315 CAD |
| Land Assessment | $403,456 CAD | Total Assessment | $1,520,771 CAD |
Property Taxes
Parcel Number
200405-0011
Land Assessment
$403,456 CAD
Improvements Assessment
$1,117,315 CAD
Total Assessment
$1,520,771 CAD
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