Map of Property

102 South 26th St

For Sale

102 South 26th St, Tacoma, WA 98402

This Tacoma property for sale is located at 102 South 26th St. The current listed sale price for 102 South 26th St is $1,750,000.

Contacts

Sam Johnson

NAI Puget Sound Properties

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,888 SF
  • Year Built 1937
  • Date Updated Sep 17, 2026
The property is positioned near Tacoma Dome Station, Pacific Avenue, Interstate 5 and downtown Tacoma, WA.NAI Puget Sound Properties is pleased to exclusively offer for sale 102 S 26th Street in Tacoma, Washington. The approximately 14,888-square-foot multi-tenant flex property is situated on an approximately 11,700-square-foot parcel and is occupied by a diverse mix of neighborhood retail, creative, fitness, residential and flex industrial users. The property has undergone extensive renovations, including the addition of a luxury apartment, upgraded plumbing and electrical systems, and the demising of spaces for multiple tenants and uses. The property is offered at $1,750,000, reflecting a 7.12% capitalization rate on current net operating income of $124,592. In-place rents are below current market levels, creating an opportunity to increase income as leases expire in 2030 and spaces are renewed or re-leased at market rates. The offering combines stabilized near-term cash flow with meaningful future mark-to-market upside in a well-located Tacoma asset.
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Highlights

  • 100% Occupied Multi-Tenant Flex Investment
  • All Leases Extend Through 2030
  • Attractive 7.12% Current Cap Rate
  • Low Price of Only $117 Per Square Foot
  • Price: $1,750,000 ($117/SF)
  • Significant Income and Mark-To-Market Upside
  • Stabilized Long-Term Income with Limited Rollover
  • Upstairs Apartment Currently Leased Well Below Market

Attachments

Getting around

  • 65/100

    Walk Score ®

  • 49/100

    Bike Score ®

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Location

  • City Tacoma, WA
  • Neighborhood New Tacoma
  • Zip Code 98402
  • Market Seattle

Points of Interest

  • South 25th Street

    0.08 miles

  • S 25th St

    0.08 miles

  • Tacoma

    0.30 miles

  • Tacoma Dome

    0.31 miles

  • Union Station/South 19th Street

    0.49 miles

  • Union Station

    0.49 miles

  • Convention Center/South 15th Street

    0.83 miles

  • Convention Center

    0.83 miles

  • Saint Joseph

    0.90 miles

  • St Joseph

    0.90 miles

  • Chevron

    0.08 miles

  • APP

    0.86 miles

  • CFN

    0.92 miles

  • Shell

    0.99 miles

  • Pyramid Gold Diesel

    1.04 miles

  • Pacific Pride

    1.05 miles

  • Pilot Express

    1.07 miles

  • 76

    1.07 miles

  • FLO

    1.18 miles

  • Safeway Fuel Station

    1.36 miles

  • Union Pacific Parking

    0.36 miles

  • Tacoma Dome Station Parking

    0.37 miles

  • Lot G

    0.49 miles

  • Greater Tacoma Convention Center Parking Garage

    0.72 miles

  • Hotel Murano Hotel & Pavilion Parking

    0.85 miles

  • Umpqua Bank #130-93

    0.87 miles

  • Market Street Public Parking

    1.00 miles

  • Tacoma Rhodes Center Parking

    1.16 miles

  • Park Plaza North

    1.17 miles

  • Emerald Queen Casino Parking Garage

    1.17 miles

  • Jack in the Box

    0.12 miles

  • Collard Greens & Other Things

    0.21 miles

  • Patty's Burgers

    0.21 miles

  • Sluggo Brewing Tap & Kitchen

    0.27 miles

  • The Melting Pot

    0.31 miles

  • RJ's Burger Joint

    0.33 miles

  • The Palace

    0.33 miles

  • La Waffletz

    0.33 miles

  • Paya Thai Fish & Chips

    0.34 miles

  • Little India Express

    0.34 miles

  • East Asia Market

    1.12 miles

  • Lucky Supermarket

    1.17 miles

  • Hong Kong Supermarket

    1.20 miles

  • Safeway

    1.35 miles

  • B & A International Foods

    1.65 miles

  • Stadium Thirftway

    1.92 miles

  • Burlington

    1.95 miles

  • TJ Maxx

    2.09 miles

  • Walmart Supercenter

    2.10 miles

  • JCPenney

    2.13 miles

Contact Listing Broker
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