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Listed by:Keller Williams West Sound • Andy Brooks

$2,100,000

Est. payment - /mo

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0.34 Acres Lot

Active

605 St Helens AVE Tacoma, WA 98402

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Stadium District

MLS Listing ID 2511012

Style 42 - Multi-Family

Annual Tax Amount $17,008

Lot Size 0.344 Acres

Lot Dimensions 125x120

Property Sub-Type Land

Property Description

**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma's Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!

Location

State WA

County Pierce

Area 20 - North Tacoma

Interior

Fireplace false

Exterior

Utilities Available Electricity Available, Natural Gas Available

View Y/N Yes

View Bay, City, Mountains, Sound

Building

Sewer In Street

Water In Street

Schools

Elementary Schools Travis

Middle Schools Hilltop Heritage Middle

High Schools Stadium

School District Tacoma

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

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