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  • Listed by: 

    Andrew J. Brooks,

    Keller Williams West Sound

    $2,400,000

    605 St Helens Avenue, Tacoma, WA 98402

    --beds
    --baths
    0.34Acres
    Unimproved Land
    Built in ----
    0.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    **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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