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Centrally Located Development Opportunity

921 S I Street Tacoma, WA 98403

921 S I Street, Tacoma, WA, 98403
$899,500
Pending
For Sale
$899,500
Pending

Prime location near courthouse, MLK Way, and light rail.

Lot Size0.30 Acres
Days on Market804

Property Features for 921 S I Street

General Information

Standard status
Pending
Lot size
0.30 Acres
Property subtype
Commercial

Building Details

Year Built
1968
Listing Agency WINDERMERE CENTRAL SOUND
Listed by ETHAN WING
Source Corcoran
Added: May 8, 2024 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:34 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE CENTRAL SOUND


Investment Insights

Based on property information with market context.

This centrally located parking lot presents a development opportunity with RCX zoning, allowing for construction up to 60 feet with no setbacks and a minimum of 75% residential use. The location is near the courthouse and jail, making it suitable for law offices, potentially with a live/work component. Situated two blocks from MLK Way, future tenants would be close to bars, restaurants, shops, and parks, with further development planned in the area. The property is three blocks from the light rail station at the corner of MLK and S 11th, providing convenient access to downtown. With easy access to I5 and highway 16, the Puget Sound area is also within reach.

Key Highlights

  • RCX Zoning: Build up to 60 feet with no setbacks and a minimum of 75% residential use.
  • Prime Location: Centrally located near the courthouse, jail, and MLK Way development.
  • High Density Potential: Opportunity for significant development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Restaurant Mobile Phone Store (Bike/Boat/Book/etc) Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Prime location near courthouse, MLK Way, and light rail.
Where is this commercial land located?
The property is located at 921 S I Street Tacoma, WA.
What is the asking price?
The asking price for this property is $899,500.
What are key features of this property?
This property features: RCX Zoning: Build up to 60 feet with no setbacks and a minimum of 75% residential use.; Prime Location: Centrally located near the courthouse, jail, and MLK Way development.; High Density Potential: Opportunity for significant development.
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