KFnet in T-Town

Jan. 27, 2012 at 7:10am

Freighthouse Square For Sale


It's finally happened. Freighthouse Square is on the market for $3.1 million. This turn of the [20th] century building has probably seen a lot but lately is mostly seen a steady exodus of any shred of successful retail. Aside from the shops that come and go the place feels like it's been held together with leftover food blended and melded together into a paste used to spackle holes in the roof. The flyer mentions the building has a "motivated seller--Court Ordered receivership sale".

Though I don't know what the last part of that reator-ese means I imagine I'd be a motivated seller myself of anything was court ordered. I have to agree with the flyer when it states the Dome District is on the "upswing" with the upcoming LeMay auto museum and Sounder connecting to Lakewood. The flyer also reveals a mere 39% occupancy of the 78,000 square foot building -- almost enough for Walmart! ;)

Had I $3.1 million (and a bit more) I'd snatch this place up and make it an indoor sports complex giving our Dockyard Derby Dames a home, some climbing walls, paintball, dodgeball, and maybe even an ice rink on the lower levels. The Tacoma Sports Mall! A place fun for the whole family all year round sounds like a win to me.

What would you do with Freighthouse? Any bets on how soon it'll sell?

More Freighthouse Square via FeedTacoma search

comments [10]  |  posted under for sale, freighthouse square, on the market, property, tacoma

Comments

by NineInchNachos on 1/27/2012 @ 8:19am
needs a 1980's radio shack and hobby store.

by Nick K. on 1/28/2012 @ 2:46am
Used to have a hobby shop, Tacoma Trains, before they moved to Proctor. But why an 80's Radio Shack? Trying to cash in that free battery card that's been through the wash 10 times? Or in need of a crappy RC car? Give me a 50's Radio Shack so I can actually build a radio.

by fredo on 1/28/2012 @ 8:59am
I'm not sure what the future should hold for Freighthouse Square.

There is a discussion archived in the feedtacoma files which had some good ideas.

One problem is that the term "Freighthouse Square" is associated with garage sale and hobby calibur businesses and also for business ideas that wouldn't die without a final resting place.

There are two problems with retailing. One is that in a prolonged recession people don't have too much spending power so any new business is going to have an uphill challenge. Number two is that the red tape and statutory payroll obligations make the chance of success a statistical improbability.

by NineInchNachos on 1/28/2012 @ 9:18am
indoor farmers market!

by fredo on 1/28/2012 @ 11:09am
I like farmers market idea the best. They should open up the building on the north side with some roll up doors like they have at buck naked donuts.

by Maria on 1/28/2012 @ 3:22pm
Indoor farmers market--great idea.

I would turn the whole thing into cheap live/work space. With a few really good ethnic restaurants.

by ixia on 1/28/2012 @ 8:25pm
Live/work sounds good – but Tacoma does not have the code for it. I don't know why we are still lagging way behind with this part of urbaneness. Lack of live/work code, parking requirements, hotels like the Marriott on Pacific and bad light rail design through the Dome District make Tacoma more and more like the suburbs…

by NineInchNachos on 1/28/2012 @ 10:58pm
cult video store? no more stadium video

by low bar on 1/29/2012 @ 10:50pm
or a uwajimaya. no...not enough culture living in tacoma for that one...only 'stuff white people like' stores do well seattle..

by KevinFreitas on 1/30/2012 @ 6:51am
I'm definitely in favor of a year-round, indoor farmers' market but don't think it could carry the entire building nor pull in enough people as I've evidenced before with the Dome District farmers' market and the Golden Pear market closing down there a few years ago.

I'll always lobby for an indoor sports center because it's got broad appeal, is about getting people out and active rain or shine, and would be a great use of so much space: roller derby track, climbing walls, ice skating rink downstairs, paintball, kids fun zone, etc. Let's do this Tacoma Sports Commission!

About

Although I have another home on the web I thought it might be nice to lead by example a bit and put this blog system up to the test myself.

So far, so good... Funny how I build web tools for other people that are far better than the one's I have setup over on KFnet.

------------------------------------------------------------

Hey Clear Channel, Clean Up Your Crap!

Advantage: Tacoma

Quick Bites

Recent Posts