Recently it was proposed that the ten dimensional tachyonic superstring vacua may serve as good starting points for the construction of viable phenomenological models. Such phenomenologically viable models enlarge the space of possible string solutions, and may offer novel insight into some of the outstanding problems in string phenomenology. In this paper we present a three generation standard--like model that may be regarded as a compactification of a ten dimensional tachyonic vacuum. We discuss the features of the model as compared to a similar model that may be regarded as compactification of the ten dimensional $SO(16)times SO(16)$ heterotic-string. We further argue that in the four dimensional model all the geometrical moduli are fixed perturbatively, whereas the dilaton may be fixed by hidden sector non--perturbative effects.