2123 Tacoma Avenue S, Tacoma, WA 98402
- $695,000
Listing courtesy of MLS4owners.com.
- List Price
- $695,000
- Status
- ACTIVE
- MLS#
- 2575393
- Days on Market
- 0
- Lot Size (sq ft)
- 15,625
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.
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Additional Information
- Community
- New Tacoma
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Restrictions
- Unknown
- Features
- Brush, Corners Flagged, Lightly Treed, Partially Cleared
- View
- City, Mountains, Territorial
- Sewer
- Available
- Tax Year
- 2026
- School District
- Tacoma
- Elementary School
- Stanley
- Middle School
- Hilltop Heritage Middle
- High School
- Foss
- Potential Terms
- Cash, Lease Purchase
- Driving Directions
- Exit 133 to I-705 N/City Center. Take the S 21st St exit, continue west on S 21st St, then turn right onto Tacoma Ave S. Property located at 2123 Tacoma Ave S, just south of S 21st St. GPS friendly.
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.