0 1201 A Street
Tacoma WA 98402
12th & A Street
0 1201 A Street Tacoma WA 98402
Listing #: 663661 | Status: Available | Last Modified: 12/20/2024 |
For Sale
- Phone:(253) 820-5822
- Email:jbauder@lee-associates.com
- Office Name:Lee & Associates Comm RE Serv
- Office Phone:(253) 383-8382
- Office Website:
- Agent Phone:(253) 238-0044
- Agent Email:hlaird@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,925,000.0
- $/lot sf$ 150.7
- Listing StatusAvailable
- Days on Market671
- Asset ClassLand
- Terms
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusLand
- # of Buildings0
- # of Floors
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF
- Net Rentable Area
- Total Office SF
- Largest Contiguous SF
- Lot SF32670
- Acres0.75
- Property TypeLand
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street12th Street
- Market AreaTacomaCBD
- Tax ID #0320042034
- Additional Parcels
- ZoningDCC
Water View Development Site
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