Map of Property

Fife 2523

2523 Pacific Highway E, Fife, WA 98424

  • For Sale $8,925,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 43,180 SF
  • Lot Size 2.62 Acre
  • Date Updated Jul 14, 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.
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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

Contacts

broker
Jeff Forsberg

NAI Puget Sound Properties

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent

  • Bike Score ®

    13/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Emerald Queen Casino Parking Garage

    0.85 miles

  • Lot G

    1.45 miles

  • Tacoma Dome Station Parking

    1.53 miles

  • Union Pacific Parking

    2.05 miles

  • Umpqua Bank #130-93

    2.07 miles

  • Greater Tacoma Convention Center Parking Garage

    2.12 miles

  • Hotel Murano Hotel & Pavilion Parking

    2.15 miles

  • Park Plaza North

    2.19 miles

  • Market Street Public Parking

    2.21 miles

  • Rialto Garage

    2.30 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

  • B & A International Foods

    1.73 miles

  • East Asia Market

    2.60 miles

  • Emish Market

    2.75 miles

  • Lucky Supermarket

    2.76 miles

  • Hong Kong Supermarket

    2.78 miles

  • Stadium Thirftway

    2.86 miles

  • Safeway

    2.87 miles

  • Hong Kong Market

    3.14 miles

  • Thunder Bird Trading

    3.63 miles

  • Burlington

    3.73 miles

  • Puyallup Integrative Tribal Medicine

    0.79 miles

  • Franciscan Occupational Health

    1.23 miles

  • Occupational Medical Clinic of Tacoma

    1.37 miles

  • Tacoma Police Dept. Sector 4

    1.64 miles

  • Pierce County Fire District 12

    1.86 miles

  • MultiCare

    1.87 miles

  • Fire Station No. 11

    1.94 miles

  • Community Health Care

    2.14 miles

  • Fire Station No. 2

    2.21 miles

  • Walgreens

    2.32 miles

Frequently Asked Questions

How much does Fife 2523 cost?

The space currently listed for sale at Fife 2523 asks for $8,925,000.

What is the total square footage of Fife 2523?

Fife 2523 totals 43,180 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Jeff Forsberg

NAI Puget Sound Properties

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