3718 Pacific Ave - Commercial LAND FOR SALE


Tacoma, WA 98418- South End16,013 SF
$3,200,000 USD
206-356-4174
3718 Pacific Ave, Tacoma, WA for Sale
$3,200,000 USD
Commercial LAND - FOR SALE
1/6
16,013 SF

3718 Pacific Ave
Tacoma, WA 98418
South End


HIGHLIGHTS

  • Fully Permitted: All necessary permits are secured, allowing for immediate construction.
  • Opportunity Zone (OZ): Located within an Opportunity Zone, providing potential tax incentives for investors.
  • Tax Abatement: Eligible for an 8 or 12-year tax abatement, further enhancing your investment returns.
  • Utilities: All utilities are conveniently located in the street at the site, ensuring a smooth and cost-effective build.
  • Amenities: Future residents will enjoy premium amenities, including a rooftop lounge, a dedicated dog run, and secured garage parking.

OVERVIEW

Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/ACRE

$8,704,384/AC

PRICE/SF

$200 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Day Care Center

LAND ACRES

0.37 AC

LAND SF

16,014 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Transitional Commercial

APN/PARCEL ID

747002-3541

ASK ABOUT THIS PROPERTY

Ivanna MiakotaKelly Right Real EstateMore Info
206-356-4174

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Ivanna MiakotaKelly Right Real EstateMore Info
206-356-4174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.