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12th & A Street

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12th & A Street

1201 A Street, Tacoma, WA 98402
Land For Sale Available Zoning: DCC
Asking Price
$4,925,000
Available32,837 SF avail
Land32,670 SF land
MarketTacomaCBD
CountyPierce

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Overview

Property ID
295457
Listing ID
663661
Type
Land
Asset Class
Land
Zoning
DCC

Description

Opportunity to purchase one of Tacoma’s premier development sites, the 12th & A Street parking lot. Located in the heart of the Financial District and immediately adjacent to freeway on and off ramps, the site is ideally situated for development. The Downtown Commercial Core zoning has a height limit of 400’; initial studies and drawings indicate an ability to build nearly 275,000 square feet of office, retail, hospitality, and/or multifamily. Interim parking income and extensive pre-development/due diligence work provides a developer a clear path forward. This site also falls within a Qualified Opportunity Zone.The 12th & A Street property, one full city block and ±32,837 SF of land with additional underground parking, provides a developer the ability to construct a building with uninhi

Listing Courtesy of:

JB
John Bauder, CCIM
Lee & Associates Commercial Real Estate Services
170 120th Avenue NE, Suite 203,
Bellevue, WA 98005
State: WA City: Tacoma ZIP: 98402 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.