2151 -2155 Martin Luther King Jr Way S, Tacoma, WA 98405
- $500,000
Listing courtesy of Meridian Real Estate Group.
- List Price
- $500,000
- Status
- ACTIVE
- MLS#
- 2544835
- Days on Market
- 3
- Lot Size (sq ft)
- 8,450
Property Description
Exceptional development opportunity in Tacoma's thriving Hilltop neighborhood! This offering includes two parcels totaling a prime mixed-use development site with the groundwork already in place. The lots have been cleared, and extensive due diligence has been completed, including Phase I-IV environmental work, infiltration and compaction testing—saving developers valuable time, reducing upfront costs, and streamlining the path to construction. Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions readily attainable. A future development can take advantage of spectacular 360-degree views, from Mount Rainier to the Olympic Mountains. Ideally located just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center, this site is perfectly positioned for a transit-oriented mixed-use project in one of Tacoma's fastest-growing neighborhoods. Opportunities with this level of preparation and location are increasingly rare.
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Additional Information
- Community
- Hilltop
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- Sewer
- Available, In Street
- Tax Year
- 2026
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Potential Terms
- Cash
- Driving Directions
- GPS
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