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Active · Land

1137 Fawcett Avenue , Tacoma, WA 98402

Tacoma, WA 98402

$415,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Gateway Real Estate · MLS #2557704 · Active

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About this property

A rare opportunity to secure a premier development site in the heart of Downtown Tacoma. This 6,000 SF parcel is zoned DCC (Downtown Commercial Core), offering exceptional flexibility for multifamily, mixed-use, commercial, office, retail. Positioned within a federally designated Opportunity Zone, qualifying investors may benefit from valuable tax incentives, enhancing the property's already strong investment potential. Strategically located in one of Tacoma's fastest-growing redevelopment districts, the property is surrounded by new construction. Enjoy convenient access to I-5, Sound Transit, UW Tacoma, the Brewery District, restaurants, shopping, and entertainment. Whether your vision is a high-density residential project, mixed-use destination, or commercial development, this premier site offers the ideal combination of location, zoning flexibility, and long-term upside. Great opportunity to invest in one of the South Sound's most dynamic urban markets.

Property details

Property type
Land
Lot size
6,000 sq ft
Association dues
$0 · frequency not provided
School district
Tacoma
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

© 2026 Northwest MLS. All rights reserved. Report a listing accuracy or photo concern.

Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Buying, selling, or weighing your options? Tell me what you’re considering. We’ll talk through where to start.

Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team