Downtown Tacoma Opportunity Zone
1350 Fawcett Avenue Tacoma, WA 98402
1350 Fawcett Avenue, Tacoma, WA, 98402
$1,499,999
For Sale
$1,499,999
2,400 SF building on 0.273 acres in Tacoma's Opportunity Zone.
Property Size2,400 SF
Lot Size0.27 Acres
Price / SF$624
Days on Market467
Property Features for 1350 Fawcett Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.27 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1961
Listing agency
TOP AGENCY
(253) 257-5253
Listed by
TIA YEO
Source
Corcoran
Added: Apr 11, 2025 Updated: Jul 10 at 3:47PM Checked: Jul 21 at 4:49AM
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 TOP AGENCY
Investment Insights
Based on property information with market context.
The property features an existing 2,400-square-foot building situated on a total land area of 0.273 acres, comprising two parcels. Located in the heart of Downtown Tacoma, the site presents various opportunities, including continuing the existing dry cleaning business, adapting it to a new business concept, or developing it into a multi-family residential complex. The property benefits from its location within an Opportunity Zone and eligibility for Multifamily Development Tax Exemption. Its location offers convenient access to the Rail Station, Tacoma Convention Center, and the University of Washington, as well as proximity to Highway 705 and I-5.
Key Highlights
- Excellent location in the heart of Downtown Tacoma, close to rail station, Tacoma Convention Center, and University of WA.
- Opportunity Zone and Multifamily Development Tax Exemption benefits.
- Development potential: continue existing dry cleaner business, change the business, or develop into multi‑family housing.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 2,400 SF building on 0.273 acres in Tacoma's Opportunity Zone.
Where is this retail space located?
The property is located at 1350 Fawcett Avenue Tacoma, WA.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Excellent location in the heart of Downtown Tacoma, close to rail station, Tacoma Convention Center, and University of WA.; Opportunity Zone and Multifamily Development Tax Exemption benefits.; Development potential: continue existing dry cleaner business, change the business, or develop into multi‑family housing.
