2940 S M St
2940 S M St, Tacoma, WA 98409
First time ever on the market! Tacoma Nalley Valley light industrial/flex warehouse investment with owner-user space. Proximity to Interstate 5 and Hwy 16 interchange make it a superb location for businesses serving the Puget Sound. Highly flexible M1 and M2-STGPD Industrial zoning allows for a wide variety of uses, including i502 cannabis.
Reach out to the broker for more info on lease terms and amenities
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Contacts
First Western Properties
Building Details
- For Sale $5,200,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 23,437 SF
- Lot Size 1.57 Acre
- Cap Rate % 6.75
- NOI / YR $351,216.00
- Date Updated Mar 28, 2025
Getting Around
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Walk Score ®
Somewhat Walkable (58) -
Bike Score ®
Somewhat Bikeable (28)
Location
- City Tacoma, WA
- Neighborhood South Tacoma
- Zip Code 98409
- Market Seattle
Points of Interest
St Joseph
0.86 miles
South 25th Street
0.92 miles
S 25th St
0.92 miles
Union Station
1.09 miles
Union Station/South 19th Street
1.09 miles
Tacoma
1.19 miles
Tacoma Dome
1.20 miles
Convention Center
1.31 miles
Convention Center/South 15th Street
1.32 miles
Chevron
0.89 miles
7-Eleven
0.96 miles
Costco Gasoline
1.00 miles
Shell
1.01 miles
Tesla Supercharger
1.01 miles
APP/CFN
1.34 miles
ARCO
1.35 miles
Electrify America
1.42 miles
eVgo
1.49 miles
Greater Tacoma Convention Center Parking Garage
1.17 miles
Tacoma Dome Station Parking
1.27 miles
Hotel Murano Hotel & Pavilion Parking
1.28 miles
Lot G
1.34 miles
Umpqua Bank #130-93
1.36 miles
Market Street Public Parking
1.41 miles
Parking Garage
1.48 miles
Tacoma Rhodes Center Parking
1.53 miles
Market Street
1.58 miles
Fire Station No. 2
0.58 miles
Lincoln Pharmacy
0.72 miles
Saint Joseph Medical Center
0.88 miles
St. Joseph Medical Clinic
0.92 miles
Fire Station #8
1.00 miles
Gyft Clinic
1.00 miles
Walgreens
1.06 miles
Tacoma Police HQ
1.11 miles
Urgent Care
1.23 miles
Kyoto Stop Teriyaki
0.64 miles
Gari of Sushi
0.64 miles
Jubilee Hamburger
0.73 miles
Ezell's Chicken
0.75 miles
Burger Ranch
0.75 miles
Thai Binh Duong
0.78 miles
Vien Dong
0.78 miles
M&K Bakery & Deli
0.80 miles
Flying Boots & Wings
0.86 miles
2940 S M St Listing Summary
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What is the asking price at 2940 S M St?
2940 S M St is currently listed for sale at $5,200,000.
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What is the total size of 2940 S M St?
2940 S M St has a total of 23,437 square feet.
First Western Properties
