1137 Fawcett Avenue, Tacoma, WA 98402 (MLS # 2557704)
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Listing provided courtesy of Northwest MLS; Gateway Real Estate
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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.
| LAST UPDATED | 7/24/2026 | TRACT | Tacoma |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Tacoma |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | 29 - Central Tacoma |
|---|---|
| HEAT | None |
| LOT | 5998 sq ft |
| LOT DESCRIPTION | Level, Rolling Slope |
| MLS STATUS | Active |
| STYLE | 43 - Comm/Industrial |
| SUBDIVISION | Tacoma |
| UTILITIES | Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Mountain(s) |
| ZONING | Commercial,Multi-Family,Office |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/1/26 6:18 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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