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Investment Highlights

  • One prime first-floor unit with convenient access on Broadway near Opera Alley
  • Current layout features open floor plan with shared common-area restroom
  • Unit is separately metered (400 amps) for added convenience
  • Impressive high ceilings with storefront glass
  • Welcoming, secure common-area entrance with individual occupant mailboxes
  • Condominiumized in 2012, offering individual ownership and flexibility

Executive Summary

The 728 Broadway Building has long been a landmark, once home to Studebaker’s auto dealership and repair shop, and later serving as a Chrysler dealership. Its prominent location behind Opera Alley in Tacoma’s vibrant Theater District ensures unmatched visibility with high foot traffic, and it is surrounded by a rich variety of dining, shopping, and entertainment venues. The Link Light Rail is nearby, and the highly popular McMenamins Elks Temple is within walking distance. There is ample street parking as well as monthly garage parking. The building's unique character shines through in every detail. Since being acquired in 2005, ownership has thoughtfully preserved and enhanced the space’s distinctive features, including the stunning original tiled floors with Greek key pattern accents, soaring ceilings with exposed beams, and expansive windows that fill the space with natural light. These elements have made the building a sought-after destination for both office and retail use, blending historic charm with modern functionality.

1 Unit Available

Unit 1B

Unit Size 2,425 SF
Price $811,723 CAD
Price Per SF $334.73 CAD
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

Fantastic opportunity to purchase a 2,425sf first-floor condominium in this
historic 728 Broadway Building. The secure common area entry opens for access to  Unit 1A and Unit 1B and features glass storefront and original tiled floors. The original tile floors carry through the front third of Unit 1A. Currently, this condominium is occupied by a tenant. Please do not disturb tenant, but instead call broker to schedule a tour.

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Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 14,900 SF
Property Type Office (Condo)
Building Class C
Floors 3
Typical Floor Size 6,000 SF
Year Built 1919
Lot Size 0.14 AC
Opportunity Zone Yes
Zoning B, Tacoma - Business
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
  • Listing ID: 34478132

  • Date on Market: 2025-01-14

  • Last Updated:

  • Address: 728 Broadway, Tacoma, WA 98402

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