Two-Parcel Downtown Development
For Sale
$750,000
1909 Yakima Ave, Tacoma, WA 98405
Two adjacent parcels zoned for downtown residential and mixed-use development with a 90-foot building height allowance.
Property Size13,939 SF
Price / SF$53.81
Days on Market68
Property Features for 1909 Yakima Ave
General Information
Standard status
Active
Size
13,939 SF
Property subtype
Commercial
Zoning
TAC mixed-use
Additional Details
Highway Access
Yes
Listing Agency:
WINDERMERE PROFESSIONAL PARTNERS
(253) 988-3756
Listed By:
BRENT TORNQUIST · License #20433
Source:
Corcoran
Added: Jun 3
Changed: Aug 8
Last Checked: Jul 16 at 3:08AM
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 PROFESSIONAL PARTNERS
Investment Insights
Based on property information with market context.
This listing offers two parcels of commercial land suited for redevelopment under TAC mixed-use zoning. The property is identified as Downtown Residential, with an allowance for up to 90 feet of building height. The alley is described as being about one level lower than Yakima Ave, creating a site configuration that can accommodate apartment or condo-style development and the use of under-building parking.
The land is located near downtown and is noted to have quick freeway access. The site’s relationship to Yakima Ave and the adjacent alley level difference are key physical characteristics for planning layout, entries, and structured parking placement.
For developers and investors, the zoning and height parameters support a range of concepts, including multifamily options such as apartments or condos, along with potential commercial or mixed-use development. Because the property includes two parcels, an operator may choose to develop one parcel or combine the parcels to maximize the planned development. This flexible entitlement profile is intended to support projects spanning residential and non-residential uses within the Downtown Residential framework.
The land is located near downtown and is noted to have quick freeway access. The site’s relationship to Yakima Ave and the adjacent alley level difference are key physical characteristics for planning layout, entries, and structured parking placement.
For developers and investors, the zoning and height parameters support a range of concepts, including multifamily options such as apartments or condos, along with potential commercial or mixed-use development. Because the property includes two parcels, an operator may choose to develop one parcel or combine the parcels to maximize the planned development. This flexible entitlement profile is intended to support projects spanning residential and non-residential uses within the Downtown Residential framework.
Key Highlights
- Two adjacent parcels zoned for downtown residential and mixed‑use development
- Downtown Residential zoning allows up to 90 ft building height
- Alley runs about one level lower than Yakima Ave, suited for apartment or condo complex development
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 98405, WA
24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent parcels zoned for downtown residential and mixed-use development with a 90-foot building height allowance.
Where is this residential land & home lot located?
The property is located at 1909 Yakima Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two adjacent parcels zoned for downtown residential and mixed‑use development; Downtown Residential zoning allows up to 90 ft building height; Alley runs about one level lower than Yakima Ave, suited for apartment or condo complex development
