602 Tacoma Avenue S Tacoma, WA 98402

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$1,600,000

Market Estimate

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0.37 Acres
Commercial
Listing# 1966512

Listing provided courtesy of: Keller Williams Tacoma

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Views: 35 Days On Site: 204

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Property Details

Description

DOWNTOWN TACOMA - Build Back Better! - DEVELOPMENT SITE; 16,250 Square Feet ~ Zoned downtown residential with a 90 foot height limit and no set-backs. Strategic corner lot with easy access from three sides. High traffic count and visibility Site allows for high-density residential, mixed-use, retail, office, and educational development. Conveniently located close to Wright Park, Stadium District, Theater District, as well as quick access to the University of Washington Tacoma campus, Hospitals, and the Pierce County courts. Nearby local enjoyments include McMenamins, Doyle's Tavern, the Grand Cinema. Currently with 35+ parking spaces Priced to sell, Below the Assessed Land Value

General Features
- County Or Parish Pierce
- Furnished Unfurnished
- MLS Area Major 20 - North Tacoma
- Property Sub Type Commercial Industrial
- Style Code 60 - Comm Bldg Und 10K
- Subdivision Name New Tacoma
- Tax Annual Amount 19141
- Tax Year 2022
- Year Built 1938
Building Features
- Approximate Building Square Feet 5629
- Building Area Total 0
- Building Area Units Square Feet
- Living Area 0
- Living Area Units Square Feet
Property Features
- Carport Y/N No
- Irrigation Water Rights Y/N No
- Lot Size Acres 0.373
- Lot Size Square Feet 16250
- Lot Size Units Square Feet
- Open Parking Y/N No
- Parking Total 0

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Neighborhood

98402 (Tacoma) Demographics

35 Median Age

5,975 Population Density (per sq. mile)

51% College Educated

$57,083 Estimated Median Income

755 Estimated Total Home Owners

2,982 Estimated Total Renters

20% / 80% Estimated Owner / Renter Divide

2 Estimated Average Household Size

6,920 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$421,000 Median Sales Price

2 Homes Sold

3 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $1,600,000
7/11/2022 7:02:00 PM	New in Database Source: Multiple Listing Service	New Value: $1,600,000

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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: MLS Logo provided by Northwest Multiple Listing Service, 2023. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.