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Listed by:MLS4owners.com • Chris C. Nye
$ 695,000
Est. payment /mo
New
2123 Tacoma AVE S Tacoma, WA 98402
0.36 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision New Tacoma
MLS Listing ID 2575393
Style 42 - Multi-Family
Annual Tax Amount $7,968
Lot Size 0.359 Acres
Lot Dimensions 119' x 131'
Property Sub-Type Land
Property Description
Rare Downtown Tacoma development opportunity! Approx. 1/3-acre site zoned WR (Warehouse/Residential), offering flexible potential for multifamily, mixed-use, retail, office, live/work and other permitted uses. Up to 100' building height and no minimum off-street parking requirement within Tacoma's Downtown Reduced Parking Area create excellent development efficiency. Just blocks from UW Tacoma and within walking distance of Sound Transit T Line stations, the site is well positioned for transit-oriented development. Qualifying multifamily projects may also be eligible for Tacoma's MFTE property-tax exemption program. Flexible zoning, strong transit access, proximity to UW Tacoma, and optional assemblage make this an exceptional investment or development opportunity. Buyer to verify zoning, development capacity, MFTE eligibility, parking, utilities and all other requirements.
Location
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View City, Mountains, Territorial
Building
Sewer Available
Water Available
Schools
Elementary Schools Stanley
Middle Schools Hilltop Heritage Middle
High Schools Foss
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Lease Purchase
Listing Terms Cash, Lease Purchase
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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