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Downtown Mixed-Use Waterfront Land
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221 Puyallup Ave, Tacoma, WA 98421

DMU zoning supports up to 100 ft height with unobstructed Thea Foss Waterway views and density for 61 units.

Lot Size0.26 Acres
Days on Market1213

Property Features for 221 Puyallup Ave

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype LAND
Zoning DMU

Additional Details

Highway Access Yes
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Zachary Ota
Source: Moodyscre
Added: Apr 5, 2023 Changed: Jul 28 Last Checked: Jul 29 at 4:12PM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This waterfront land parcel is located in the City of Tacoma Downtown mixed use (DMU) district, where zoning supports building up to 100 ft and is described as enabling unobstructed views of Thea Foss Waterway. The stated density allows for up to 61 units to be built on the property.

The site is blocks away from Tacoma Dome, with easy access to downtown Tacoma and close proximity to freeways, supporting convenient arrival and daily connectivity for future tenants or residents.

The information provided focuses on zoning-driven development capacity and the waterfront view opportunity, making the parcel well-suited for buyers evaluating a multi-unit redevelopment aligned with the DMU framework.

Key Highlights

  • Downtown Tacoma mixed‑use (DMU) zoning
  • Zoning allows up to 100 ft building height for unobstructed Thea Foss Waterway views
  • Density allows for up to 61 units to be built on the property

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Veterinary Clinic Auto Parts Store Grocery & Convenience Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 98421, WA

1,239
Population
78
Households
15.9
Avg Household Size
34
Median Age
25%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
191
Density / Sq Mi
$1,273
Median Rent
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - DMU zoning supports up to 100 ft height with unobstructed Thea Foss Waterway views and density for 61 units.
Where is this waterfront land located?
The property is located at 221 Puyallup Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $2,135,000.
What are key features of this property?
This property features: Downtown Tacoma mixed‑use (DMU) zoning; Zoning allows up to 100 ft building height for unobstructed Thea Foss Waterway views; Density allows for up to 61 units to be built on the property
(253) 596-0032 Call to check price and availability
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