Fife 2523

For Sale

2523 Pacific Highway E, Fife, WA 98424

This Fife property for sale is located at 2523 Pacific Highway E. The current listed sale price for Fife 2523 is $8,925,000. Fife 2523 is situated on a lot that is 2.62 acre in size.

Contacts

broker
Jeff Forsberg

NAI Puget Sound Properties

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 43,180 SF
  • Lot Size 2.62 Acre
  • Date Updated Aug 19, 2025
  • HVAC None
Located in the Tacoma submarket of Seattle, Washington, this property sits on Pacific Hwy E (Hwy 99) and is less than 3/4 of a mile from three highway interchanges. The property provides excellent access to the Port of Tacoma Industrial District, SR-509/SR-167, and I-5.NAI Puget Sound Properties is pleased to offer the outstanding opportunity to acquire Fife 2523, located in the Tacoma submarket of Seattle, Washington. This 43,180-square-foot flex industrial property is a compelling investment opportunity with exceptional add-on value. The building is fully leased to four tenants, offering stable cash flow with significant upside potential through rent escalations. Additionally, its current pricing is well below replacement cost, making it an attractive acquisition for investors seeking value in a tightening market. Designed for versatility, the property features both dock high and grade level loading, accommodating a wide range of industrial service and distribution uses.Industrial space for Lease in Fife
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Highlights

  • ±2.62 AC land
  • 100% Occupancy
  • 43,180 SF total
  • 7 DH and 5 GL doors
  • Built in 1978
  • Current NOI: $467,950.08
  • Exceptional value-add investment opportunity
  • Sale Price: $8,925,000

Getting around

  • 21/100

    Walk Score ®

  • 13/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fife, WA
  • Neighborhood Fife
  • Zip Code 98424
  • Market Seattle

Points of Interest

  • Tacoma Dome

    1.59 miles

  • Tacoma

    1.60 miles

  • S 25th St

    1.88 miles

  • South 25th Street

    1.88 miles

  • Union Station/South 19th Street

    1.96 miles

  • Union Station

    1.96 miles

  • Capital Aeroporter Airport Shuttle

    1.99 miles

  • Convention Center/South 15th Street

    2.08 miles

  • Convention Center

    2.08 miles

  • Theater District

    2.16 miles

  • Clean Energy Natural Gas

    0.43 miles

  • Love's

    0.47 miles

  • Shell

    0.47 miles

  • 7-Eleven

    0.50 miles

  • 76

    0.59 miles

  • Tahoma

    0.59 miles

  • Pilot Express

    0.82 miles

  • Pyramid Gold Diesel

    0.85 miles

  • FLO

    0.91 miles

  • Pacific Pride

    0.95 miles

  • Enterprise

    0.13 miles

  • Penske Truck Rental

    1.31 miles

  • Elephant Car Wash

    1.89 miles

  • CarWash

    2.18 miles

  • Avis / Budget

    2.38 miles

  • Pacific Avenue Auto Spa

    2.75 miles

  • Splash Dash

    2.78 miles

  • Classy Chassis Car Wash

    3.19 miles

  • Brown Bear Car Wash

    3.65 miles

  • U-Haul

    4.05 miles

  • Chester's

    0.49 miles

  • Subway

    0.49 miles

  • Jack in the Box

    0.56 miles

  • Joe's Deli

    0.66 miles

  • Thai in Fife

    1.22 miles

  • Pizza Hut

    1.36 miles

  • Jersey Mike's Subs

    1.39 miles

  • Domino's

    1.44 miles

  • Herfy's

    1.45 miles

  • Jimmy John's

    1.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jeff Forsberg

NAI Puget Sound Properties

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