401 Broadway, Tacoma, WA 98402
- $2,995,000
Listing courtesy of Keller Williams Downtown Sea.
- List Price
- $2,995,000
- Status
- ACTIVE
- MLS#
- 2530493
- Days on Market
- 60
- Annual Tax Ammount
- 12118
Property Description
Historic Blackwell Mansion in the heart of Tacoma! Rare 8,742 SF landmark property with breathtaking views of the Port of Tacoma, Commencement Bay & Mt. Rainier. Currently 99% leased with executive office suites, reception area, kitchenettes, shared conference rooms, elegant common areas, and top-floor penthouse apartment thaty was operated as an Airbnb. Prime remaining library suite offers an owner-user opportunity with incredible views. Rich historic craftsmanship throughout including grand staircase, radius leaded & stained-glass windows, white oak, mahogany & fir woodwork. Updated with high-speed internet, mini-split A/C & heat, electronic locks, security cameras & alarm. Steps from Stadium District, Light Rail & Downtown Tacoma. Buyer to verify zoning, permitted uses, and future multifamily/adaptive reuse potential.
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Additional Information
- Community
- Stadium District
- Building Condition
- Average
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1889
- Roof
- Composition, Flat
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Flooring
- Ceramic Tile, Hardwood, Softwood, Vinyl Plank, Carpet
- Driving Directions
- Take I-705 to Stadium Exit, right at off ramp to 4th Street, turn left. Blackwell Mansion is the majority of the block from Stadium to Broadway on the left.
- Electric Expenses
- 2750
- Other Expenses
- 2800
- Energy Source
- Electric
- Net Operating Income
- $104,262
- Gross Adjusted Income
- $125,130
- Gross Scheduled Income
- $129,000
- Water/Sewer/Garbage Expenses
- $2,500
- Cap Rate
- 3.48
- Vacancy Rate
- 3
- Total Expenses
- $23,668
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.