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2513 Meridian Avenue E Edgewood, WA 98371

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For Sale
$1,650,000

Shovel-ready mixed-use development with approved permits in Edgewood Town Center.

Type:Land or Vacant Lot
Lot size:
0.94 Acres
Added:
Jan 23, 2026
Days on Market:
69
Last Refresh:
Mar 26 at 1:46 am

Property Features for 2513 Meridian Avenue E

General Information

Standard status
Active
Lot size
0.94 Acres
Property subtype
Land or Vacant Lot

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Listing Contact
MIKE MOGHADDAS

Listing agent MIKE MOGHADDAS

Listing office COMPASS

Listing date Jan 23, 2026

Source Corcoran

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 COMPASS


Overview

Entitled Multifamily Development Opportunity

This is a significant investment opportunity to acquire a fully-entitled, shovel-ready multifamily development located in Edgewood Town Center. The property is a 0.94-acre lot with approved permits and complete architectural and civil plans for a high-demand mixed-use project. The development features two buildings offering 39 residential units and two retail or office spaces, along with 54 parking stalls. Designed with modern living and convenience in mind, the project includes a gym or flex space, bike storage, EV chargers, and carport parking. Utilities are available via a renovated street. The location offers excellent exposure with 16,000 cars per day and is close to I-5, Hwy 18, and Hwy 167. The area has a robust population and strong growth potential. Rent projections, project valuation, ROM construction estimates, approved architectural, civil, MEP, and site development landscaping plans are available.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Edgewood
County
Pierce
State
Washington
Longitude
-122.293
Latitude
47.2343

FAQs

What type of property is this?
Commercial land - Shovel-ready mixed-use development with approved permits in Edgewood Town Center.
Where is this commercial land located?
The property is located at 2513 Meridian Avenue E Edgewood, WA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Shovel‑ready multifamily development with fully‑entitled and approved permits.; Approved plans for a mixed‑use project with 39 residential units and 2 retail/office spaces.; Includes 54 parking stalls, EV chargers, and carport parking.
More about this property
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