1352 Fawcett Ave, Tacoma, WA 98402
2,400 SF | Retail Building | Tacoma, WA 98402 | $2,200,000 ($917/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,200,000
- Property Type
-
Retail
- Square Feet
- 2,400 SF
- Price / Square Foot
- $917
Listing Contacts
Wyk Parker
Verified Profile
- Property Info
Property Overview
1352 Fawcett Avenue represents a unique opportunity to acquire an
approximately 150-unit multifamily transit-oriented development site offering the
following:
• Located in a federally designated Opportunity Zone providing tax benefits.
• Multifamily Tax Exemption development incentives.
• Located in pedestrian-friendly downtown Tacoma central business district.
• Three blocks to T-Line Light Rail Station with connections to Sounder Commuter Rail and Amtrak Rail Stations.
• Two blocks to Tacoma Convention Center, Hotels, YMCA, Coffee Shops, and Retail Services.
• Excellent access to Highway 705 connecting to Interstate 5.
• Three blocks to the University of Washington Tacoma.
• Views of the City, Cascade Mountains, and Mount Rainier.
• Surrounded by extensive retail and lifestyle amenities including Thea Foss Waterway.
• Favorable Downtown Residential Zoning with 90 feet height limit and flexible uses.
approximately 150-unit multifamily transit-oriented development site offering the
following:
• Located in a federally designated Opportunity Zone providing tax benefits.
• Multifamily Tax Exemption development incentives.
• Located in pedestrian-friendly downtown Tacoma central business district.
• Three blocks to T-Line Light Rail Station with connections to Sounder Commuter Rail and Amtrak Rail Stations.
• Two blocks to Tacoma Convention Center, Hotels, YMCA, Coffee Shops, and Retail Services.
• Excellent access to Highway 705 connecting to Interstate 5.
• Three blocks to the University of Washington Tacoma.
• Views of the City, Cascade Mountains, and Mount Rainier.
• Surrounded by extensive retail and lifestyle amenities including Thea Foss Waterway.
• Favorable Downtown Residential Zoning with 90 feet height limit and flexible uses.
Property Details
- Class
- C
- Year Built/Renovated
- 1961/1990
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 11,761 SF
Highlights
- Multifamily Transit-Oriented Development Site or Retail Owner/User Building
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