818 South Yakima Avenue

Tacoma, WA 98405

$2,500,000
Price
19,500 / 0.45
Lot Size / Acres

Description

Maximize your opportunities by taking advanage of this prime "Opportunity Zone" parcel in the heart of Tacoma's downtown public service core! This high traffic, high visibility, 19,500SF corner-lot is a rare find in our current market. Mixed-use zoning makes this a prime parcel for a multitude of potential uses. Existing 2-story office building can stay, or raze to maximize use of buildable space. Federal Opportunity Zone designation offers many tax advantages. NCX zoning allows for retail, office,...Maximize your opportunities by taking advanage of this prime "Opportunity Zone" parcel in the heart of Tacoma's downtown public service core! This high traffic, high visibility, 19,500SF corner-lot is a rare find in our current market. Mixed-use zoning makes this a prime parcel for a multitude of potential uses. Existing 2-story office building can stay, or raze to maximize use of buildable space. Federal Opportunity Zone designation offers many tax advantages. NCX zoning allows for retail, office, personal services or residential, including multi-family. See City of Tacoma zoning for more detailed info.
  1. Listed by Ramona Jones • Realogics Sotheby's Int'l Rlty

Property Details for 818 South Yakima Avenue

Community Name
Tacoma
School District
Tacoma
Entry Date
01-30-2024
Sewer
In Street

Location

Listing Courtesy of Realogics Sotheby's Int'l Rlty
Add your commute
LISTING UPDATED: 02/15/2024 12:36 PM

Property Details for 818 South Yakima Avenue

StatusActive
MLS #2195483
Days on Market93
Cumulative Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.45 AC
CountyPierce County

Location

Listing Courtesy of Realogics Sotheby's Int'l Rlty
Add your commute

Building Information for 818 South Yakima Avenue

Lot Size0.45 AC

Payment Calculator

$15,158 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$1,514

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 818 South Yakima Avenue

Summary
Location and General Information
  • Style: 43 - Comm/Industrial
  • Area: 29 - Central Tacoma
  • Directions: On the corner of 9th and Yakima, just south of 6th Ave.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: In Street
  • Utilities: Natural Gas Available, Electricity Available
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Zoning Remarks: NCX
  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 10
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 200816-004-1
  • Calculated Square Footage: 0
  • Structure Type: Industrial
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 818 South Yakima Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 818 South Yakima Avenue

Taxable ValueLand$1,035,800Additions$598,800Total$1,634,600
Tax Record2024$18,167 ($1,514 / month)
Home Facts
Total Finished SqFt6,640 SqFtAbove Ground SqFt6,640 SqFtUnfinished Basement Area1,800 SqFtStories2Lot Size19,500 SqFtStyleOffice BuildingYear Built1971Year Renovated1985ZoningR5CountyPIERCEAPN2008160041

Schools near 818 South Yakima Avenue

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mccarver
PublicPK to 5

Jason Lee
Public6 to 8

Stadium
Public9 to 12

Tcc Fresh Start
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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818 South Yakima Avenue is a 0.45 ac of land for sale in Tacoma, WA 98405. This property was listed for sale on January 30, 2024 by Realogics Sotheby's Int'l Rlty, it's currently listed at $2,500,000. It has been on the market for a total of 93 days and was last sold on July 21, 2022. This listing's school district is Tacoma School District. Nearby schools include Mccarver, Jason Lee and Stadium. 818 South Yakima Avenue is a 0-bed, 0-bath, 0.45 ac of land on a 19,500 sq. ft. / 0.45 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realogics Sotheby's Int'l Rlty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.