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JRJeff ReynoldsCompass · Seattle

3515 3517 S Cedar Street, Tacoma, WA 98409

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Active

Listed by Joyce Sun Kim, Best Choice Network LLC

Active0 days on market

$849,000

3515 3517 S Cedar Street, Tacoma, WA 98409

Tacoma, WA, 98409

Built
1940
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Jeff Reynolds · Managing Broker, Compass

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Commercial Industrial
Type
1940
Year built
24,500 sq ft
Lot
0
Days on market

About this property

Prime commercial investment opportunity in Tacoma’s established automotive corridor. This offering includes two legal parcels totaling approximately 24,500 SF (0.56 acres), featuring a 4,880 SF service garage, a separate office building, and ample paved parking/display area. Currently leased to Auto Sales through September 30, 2030, with scheduled annual rent increases and renewal options, providing stable cash flow and long-term investment potential. Recent improvements include a new metal roof for shop building and connection to the City of Tacoma sewer system. Convenient access to I-5 make this property ideal for investors or future owner-users. Buyer to verify all information, including square footage, zoning, and permitted uses.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2557090
Listed
July 22, 2026
Days on market
0

Construction

Year built
1940
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Composition

Heating & cooling

Energy source
Electric

Lot

Lot size
24,500 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
TPU
Sewer
TPU

Listing history

  1. Listed

    $849,000

    July 22, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,944

Principal & interest
$4,293
Property tax (est.)
$651

Assumes $169,800 down (20%), a $679,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 22, 2026 at 12:30 PM PDT. 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.