Listing courtesy of PNW Realty.
Prime development opportunity in Tacoma's rapidly evolving Hilltop Business District. The site is conveniently located 500ft from the new Hilltop Light Rail Station and near the expanding downtown Tacoma core. This offering includes two adjacent parcels totaling 0.229 acres zoned NCX (Neighborhood Commercial Mixed-Use) providing flexible options for residential, multifamily, or mixed-use development, subject to City of Tacoma approval. NCX zoning supports urban infill development and encourages a wide range of housing types, making this an ideal site for builders and developers seeking density in a high-demand urban corridor. Example development concepts for the site could include a 4-6 unit townhome project with modern stacked or rowhouse-style units, a small to midsize 10-20 unit apartment building with studio and 1-2 bedroom layouts, a live-work style building with potential ground-floor commercial or creative space and residential units above, or a boutique missing-middle multifamily project such as courtyard-style flats or walk-up apartments. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. The New Bates Technical College Downtown campus as well as the new State of the Art Mary Bridge Children's Hospital are only a couple of the new additions to the neighborhood. These new additions provide strong rental demand from students, staff, and the surrounding workforce population.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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