MLS #2453289 / Listing provided by NWMLS & Keller Williams West Sound.
$2,400,000
605 St Helens Avenue
Tacoma,
WA
98402
**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma’s Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Lot Details
- Acres: 0.3444
Schools
- High School District: Tacoma
- High School: Stadium
- Middle School: Hilltop Heritage Middle
- Elementary School: Travis
Lot Details
- Acres: 0.3444
Water, Sewer, and Garbage
- Sewer: In Street
- Water Source: In Street
Gary Jones ~ THE JONES TEAM
Broker | REALTOR®
Send Gary Jones ~ THE JONES TEAM an email