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Investment Highlights

  • Close to I-5 and 512
  • Unfinished storage area for options plus nice storage yard
  • Multi-Tenant capabilities

Executive Summary

Great opportunity to own a quality commercial building located just outside Tacoma city limits, offering the advantage of lower taxes while still providing quick access to Hwy 512 and I-5. This 3-story building offers plenty of versatility for a variety of uses. The remodeled main floor features a large conference room, five private offices, kitchen, bathroom, gathering room, and resource room. An unfinished apartment on the third floor offers potential for future rental income, while the ground level is well suited for automotive use, a workshop, or storage. Situated on a corner lot, the property has a large fully fenced yard in the rear with room for approximately 15 parking spaces. Updates include electrical, fire alarm, and security systems. A unique property with the space, access, and versatility to accommodate a wide range of business needs and future possibilities!

Taxes & Operating Expenses (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $30,189,173 $7,017.47
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes (CAD)
Annual $30,189,173
Annual Per SF $7,017.47
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $30,189,173
Annual Per SF $7,017.47

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,331 SF
Building Class
C
Year Built
1945
Price
$1,087,390 CAD
Price Per SF
$203.97 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.14 AC
Zoning
MSF
Parking
14 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
62’ on 106th St S

Amenities

  • Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Denny's
Rent-A-Center
Planet Fitness
Quality Food Centers
Bank of America

Property Taxes

Property Taxes

Parcel Number
626000-1730
Land Assessment
$175,091 CAD (2026)
Improvements Assessment
$354,060 CAD (2026)
Total Assessment
$529,150 CAD (2026)
Annual Taxes
$30,189,173 CAD ($5,662.95 CAD/SF)
Tax Year
2025
  • Listing ID: 41951832

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 709 106th St S, Tacoma, WA 98444

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