2123 Tacoma Avenue S, Tacoma, WA 98402

Courtesy of MLS4owners.com

$695,000

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List Price
$695,000
Status
ACTIVE
Days on Market
0
MLS#
2575393
Subtype
Land
Style
42 - Multi-Family
Lot Size
15,625
Acres
0.36
Subdivision
New Tacoma
Neighborhood
New Tacoma
Building Name
Smith & Dentons Add
MLS Area Major
Central Tacoma

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.

Additional Information

Property Description
42 - Multi-Family
School District
Tacoma
Elementary School
Stanley
Middle School
Hilltop Heritage Middle
High School
Foss
View
City, Mountains, Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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