PROPERTIES

12th & A Street Lot

1201 A Street, Tacoma, WA 98402

Overview

Price:$4,925,000
Property Type:Land
Total Lot Size:0.75 Acres

Description

Lee & Associates is pleased to present the opportunity to purchase the 12th & A Street parking lot. Located in the heart of the Financial District and facing the waterfront, the site is ideally situated for development.

At one full city block and ±32,837 SF of land with additional underground parking, the site provides a developer the ability to construct a building with uninhibited water and mountain views. Current massing studies depict a ±275,000 SF office building. Additional feasibility studies for a hotel/apartment building have also been conducted.

The site also falls within a Qualified Opportunity Zone.

Location

Tacoma is consistently recognized as one of the most livable and walkable cities in America. Continuous investment in infrastructure improvements, international maritime trade, and its renowned art ecosystem, plus a redeveloped waterfront, an award winning parks system, and thriving downtown districts attract people from all over the nation.

Contact Broker

John Bauder, CCIM
Principal
Lee & Associates Commercial Real Estate Services

Cell253.820.5822
Office253.238.0043
Fax206.267.1457

Harrison Laird
Principal
Lee & Associates Commercial Real Estate Services

Cell206.947.1594
Office253.238.0044
Fax206.267.1457

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