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Listed by:Skyline Properties, Inc. • Anthony L wells
$ 649,000
Est. payment /mo
New
2317 Tacoma AVE S Tacoma, WA 98402
9,525 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Tacoma
MLS Listing ID 2575074
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $4,688
Lot Size 9,525 Sqft
Property Sub-Type Land
Property Description
Prime development opportunity in DT Tacoma! 9525SF lot, zoned WR (Warehouse/Residential District, which is a mixed-use zone designed to blend industrial activities with residential housing) 100ft height limit with no on street parking requirements, developers will save tons of time and upfont costs with this lot as extensive preliminary studies have been done including (Geotech and soil testing, traffic studies, parking, utilities and drainage requirements) and more. Additional info can be provided upon buyers request. Plans range from a small to large 10-56 unit walk-up apartment building with studios and 1-2 bedroom layouts with underground parking or potential mixed use project with ground-floor commercial and residential units above with underground parking. Current plans show 5 stories of residential and 2 stories of subterranean parking with views of downtown Tacoma, Mt Rainier and the Cascades. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. Hospitals, schools, nightlife, freeway access, restaurants, employment opportunities make this high demand rental corridor ideal for fast investment stabilization and long term profitability. Buyer to verify all information to satisfaction. Seller is currently allowing the lot to be used for storage purposes and will negotiate to have lot cleared upon agreement with new buyer. Photos of renderings are for conceptual purposes only
Location
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available
View Y/N Yes
View Bay, City, Mountains, Sound
Building
Lot Description Alley, Paved, Sidewalk
Sewer Available, In Street
Water Available, In Street
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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