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12901 Newcastle Way Newcastle, WA 98056

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For Sale
$2,250,000

27,635 SF development site in Newcastle, Washington.

Type:LAND
Lot size:
0.63 Acres
Added:
Jan 27, 2026
Days on Market:
64
Last Refresh:
Mar 25 at 8:15 pm

Property Features for 12901 Newcastle Way

General Information

Standard status
Active
Lot size
0.63 Acres
Property subtype
LAND

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Listing Contact
Peter Wright
Peter Wright

Listing agent Peter Wright

Listing office CBRE

Listing date Jan 27, 2026

Source Moodyscre

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 CBRE


Overview

Newcastle Development Site Opportunity

The Newcastle Development Site presents a 27,635 square foot development opportunity in Newcastle, Washington. The zoning is flexible, allowing a purchaser to permit the parcel according to their specific needs. A detailed site plan and feasibility study have been prepared by the current owner. The site plan proposes 27 townhouse units averaging 1,680 square feet each, above a parking garage with 33 stalls, and a 4,500 square-foot retail storefront.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Newcastle
County
King
State
Washington
Longitude
-122.168
Latitude
47.538

FAQs

What type of property is this?
Commercial land - 27,635 SF development site in Newcastle, Washington.
Where is this commercial land located?
The property is located at 12901 Newcastle Way Newcastle, WA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Rare 27,635 square foot development opportunity in Newcastle.; Detailed site plan and feasibility study already completed.; Zoning is flexible, allowing for various development options.
More about this property
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