1321 Martin Luther King Jr Way
Tacoma WA 98405

1321 Martin Luther King Jr Way

1321 Martin Luther King Jr Way Tacoma WA 98405

Listing #: 710473 | Status: Available | Last Modified: 4/20/2026 |

For Sale
Stuart Williams
  • Phone:(425) 417-5078
  • Email:stuart@lee-associates.com
  • Office Name:Lee & Associates Commercial Real Estate Services
  • Office Phone:(425) 454-4242
  • Office Website:
John Bauder, CCIM
Alex Muir
Harrison Laird
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,500,000.0
  • $/SF$ 232.6
  • Listing StatusAvailable
  • Days on Market29
  • Asset ClassRetail, Office
  • Terms
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators1
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF19347
  • Net Rentable Area14734
  • Total Office SF14734
  • Largest Contiguous SF
  • Lot SF19477
  • Acres0.45
Property Type
  • Property TypeOffice
  • Office TypeOther
  • InvestmentYes
  • Building ClassB
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaAllenmore Medical District
  • Tax ID #2013210060
  • Additional Parcels2013210080, 2013210090
  • ZoningNCX
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces27
  • Total Parking Spots27
  • Parking Ratio
Construction
  • Year Built1997
  • Year Renovated2000
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeConcrete, Wood

1321 Martin Luther King Jr Way

Public Comments

1321 Martin Luther King Jr Way is a 26,100 SF 2-story + lower level office/retail building in Hilltop, Tacoma. The property is well suited for an owner-user or investor, featuring a fully built-out commercial-grade kitchen, numerous classrooms and boardrooms, and flexible banquet space. Located just two blocks from the Hilltop light rail station, the building offers excellent connectivity to major employment centers, public institutions, and a wide range of neighborhood amenities. The surrounding area has experienced rapid transformation, with 1,860 units delivered in a 0.5-mile radius.

Public Building Comments

Prominent corner location. Office/school/retail. Originally designed for Frank Russell Conference Center with large industrial kitchen and dock high loading in rear. Generous on site and street parking. Close to St Josephs, Tacoma General Hospital

Listing Images