605 St Helens Avenue, Tacoma, WA 98402
- $2,100,000
Courtesy of Keller Williams West Sound
- List Price
- $2,100,000
- Status
- ACTIVE
- Days on Market
- 97
- Price Change
- ▼ $300,000 1776820309
- MLS#
- 2511012
- Subtype
- Land
- Style
- 42 - Multi-Family
- Lot Size
- 15,000
- Acres
- 0.34
- Subdivision
- Stadium District
- Neighborhood
- Stadium District
- Building Name
- Map of New Tacoma
- MLS Area Major
- North Tacoma
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!
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Additional Information
- Property Description
- 42 - Multi-Family
- School District
- Tacoma
- Elementary School
- Travis
- Middle School
- Hilltop Heritage Middle
- High School
- Stadium
- View
- Bay, City, Mountains, Sound
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