2316 G StTacoma, WA 98405

This exceptional commercial property located at 2316 S G Street in Tacoma, Washington, presents a unique investment opportunity. The 0.112-acre lot is zoned CR and offers 4,860 square feet of potential development space. The property includes a completed geotechnical report, survey, and Phase I environmental report, streamlining the development process. Furthermore, detailed drawings from Tacoma Power are available, outlining the process for connecting power to the site. A permanent easement from the Tacoma Housing Authority addresses setback requirements, simplifying future construction plans. This parcel is ideally suited for retail development and presents a significant advantage with the potential for an 8-year property tax exemption on all improvements, with an option to extend this exemption to 12 years for multifamily developments. The asking price for this strategically located property is $475,000. The APN is 280500-0-340. This is a rare chance to acquire a well-documented and prepared development site in the vibrant downtown Tacoma area. Don't miss this opportunity to capitalize on the growing Tacoma market.