1137 Fawcett Avenue

Tacoma, WA98402

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.

Courtesy of NWMLS
Listing courtesy of Alex Layer of Gateway Real Estate



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Last checked: 2026-07-26 01:51 AM PDT