For Sale
$4,925,000

1201 A St Tacoma, WA 98402

Prime 0.75-acre lot, 120 parking spaces

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 0.75-acre commercial land parcel, located at 1201 A Street in Tacoma, Washington's vibrant downtown core (zip code 98402), presents a unique development opportunity. Zoned DCC (Downtown Commercial Core), this property boasts a substantial 32,837 square feet of land, offering unparalleled potential for high-density construction. The asking price is $4,925,000, translating to a land value of $150 per square foot. The site's strategic location in the Financial District provides breathtaking waterfront and mountain views. Existing infrastructure includes 120 parking spaces, a significant advantage for any future development. Preliminary feasibility studies have explored various development options, including a 275,000 square foot office building, as well as hotel and apartment building possibilities. The property's size and location make it an ideal candidate for a large-scale project, capitalizing on Tacoma's thriving downtown area. The Assessor's Parcel Number (APN) is 0320042034. This is a rare opportunity to acquire a prime development site in a rapidly growing urban center.

Highlights

  • 0.75-acre commercial land parcel in Tacoma, WA's downtown core (98402).
  • 32,837 square feet of land zoned DCC (Downtown Commercial Core).
  • $4,925,000 asking price, $150/SF land value.
  • Prime Financial District location with waterfront and mountain views.
  • Existing infrastructure includes 120 parking spaces.
  • Feasibility studies show potential for large-scale development (e.g., 275,000 SF office building).

Property Details for 1201 A St

Property type
Land
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2521238
Longitude
-122.4363809

FAQs

What type of property is this?
Land - Prime 0.75-acre lot, 120 parking spaces
Where is the land located?
The property is located at 1201 A St Tacoma, WA.
What is the asking price?
The asking price for this property is $4,925,000.
What are key features of this property?
This property features: 0.75-acre commercial land parcel in Tacoma, WA's downtown core (98402).; 32,837 square feet of land zoned DCC (Downtown Commercial Core).; $4,925,000 asking price, $150/SF land value.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1201 A St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message