7002 S Park Avenue, Tacoma, WA 98408

$450,000

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Listing courtesy of KW Mountains to Sound Realty.

List Price
$450,000
Status
PENDING FEASIBILITY
MLS#
2363666
Days on Market
398
Annual Tax Ammount
4128

Property Description

Looking for a flat, corner lot primed for infill development in the heart of the city? You found it with these two fantastic lots, favorably zoned Urban Residential (UR-2) within Tacoma's middle housing zoning code. Sold together, the two lots total 27,000 square feet or .62 acre and preliminary design plans show the potential of 12 townhomes. Other compatible uses in the UR-2 zone include residential businesses and community facilities including schools or religious building. City of Tacoma wants good, quality housing & prefers potential projects like this. Current building is rented to a non-profit so there's is also an opportunity to reposition the building while development plans unfold. Time to land bank for the future. Hurry!

Additional Information

Community
South Tacoma
Building Condition
Fair
Style
60 - Comm Bldg Und 10K
Year Built
1928
Roof
Composition
Tax Year
2025
Potential Terms
Cash Out
Driving Directions
East of I-5, Take S. 72nd street to North on Park Ave S towards S 70th street, property on you left at the corner of S 70th St and Park Ave S.
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