3102 23Rd StTacoma, WA 98405

Property Details for 3102 23Rd St

Lot size

1.97 AC

Property type

Land

Description

This exceptional 1.97-acre commercial land parcel, located at 3102 S 23rd St in Tacoma, Washington, 98405, presents a unique investment opportunity. Priced at $2,054,400, this property boasts a land value of $24 per square foot. The site is zoned CCX (City of Tacoma), designating it as a Community Commercial Mixed-Use District. This versatile zoning allows for a wide range of development possibilities, including retail, office, medical facilities, multifamily residential, hotels, and senior housing. A significant advantage is the potential for up to 150 additional parking spaces through a reciprocal agreement with an adjacent church. The property currently offers 50 on-site parking spaces. The site features a 60-foot height limit, with potential for increased height through a bonus program. Utilities are readily available on-site. A short plat subdivision is currently underway, streamlining the development process. This prime location in Pierce County offers excellent access and visibility, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable and versatile commercial property in a thriving Tacoma neighborhood.

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2367

Longitude

-122.477

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