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Listed by:Lee & Associates Commercial RE • Nisha A Tomar • Candice Chevaillier
Listed by:Lee & Associates Commercial RE • Nisha A Tomar • Candice Chevaillier
$ 888,000
Est. payment | /mo
0.57 Acres Lot
$ 888,000
Est. payment | /mo
0.57 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision South Tacoma
MLS Listing ID 2599414
Style 42 - Multi-Family
Lot Size 0.568 Acres
Property Sub-Type Land
Property Description
Shovel-ready 48-unit multifamily development site in the heart of the South Tacoma Business District. Offered at $888,000, or $18,500 per planned unit, the 0.568-acre site is in an Opportunity Zone and comes with architectural plans and Multifamily Tax Exemption (MFTE) approval. Across from the public library and near neighborhood restaurants, shops and transit. Convenient access to Sounder commuter rail at South Tacoma Station and shopping and dining at Tacoma Mall. Pedestrian, bicycle and transit access improvements around the station are targeted for completion by 2030.
Location
State WA
County Pierce
Area 46 - South Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Lot Description Paved, Sidewalk
Sewer In Street
Water In Street
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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