Corridor Commercial (CC) & Multifamily (MF) & TOC
STM sustainable transit's communities will use designations as a Corridor Commercial (CC) & Multifamily (MF) and zoning transit oriented commercial (TOC). Density bonuses enable developers to build more units than what regular zoning allows in return for settle aside units at below-market levels for low and moderate-income households. Excessive parking requirements increase construction related hard costs, reduce the number of affordable units that can be built on a given site and raise per-unit costs. Developers can construct a larger number of affordable units on a given site by incorporating structured parking.
Multifamily Property in Opportunity Zones
(NCX) NW Costume Shop Building
2315 6TH Ave; Lot 13,162. Parking lot for 25 + cars; Agent Joe Toner - 206-228-1372;
2 stories Avalon Ballroom for Upper Room Fellowship Club.
Armstrong Office Commercial Condos
Bldg 12,112 Square Feet; Lot: 3,714 Square Feet; Avail: 10,676 SFC; Elevator;
each levels of offices; 20 offices' conference Room, Break Room, six (6) Bath room (2 with Showers), Hair Salon; Each floor has a separate condo;
1889 Land marked building previously the Eldridge Hotel & 1st YMCA in Tacoma.
Forest Glen Apartment -
2017 106th St. South, Tacoma 98444; 505 Broadway Tacoma, WA 98402;
400 units; Listing Price $1,000,600.
2534 South G St;
Zoned Multifamily; 90 feet; 12,000 Square feet; Listing Price $650,000;
$-sf $219.59;
$lot Square feet
$54.17;
$unit $650,000.00;
Dividable five (5) Beds & Office; 2.25 Baths; 2,960 Square feet (480 unfinished);
12,000 square feet lot .275 Acres.
Floor Area rate = FAR2; 48,000 Square Feet; Retail Space is exempt;
Mid-rise higher density urban residential development for resident employment and retail. $9,000,000;
Bldg Square feet: 21,971; Land SF; 31,650; Acres; .72658; Built in 1947.
5th St. Listing #615192;
Tax Parcel #900913060; Parcels: 2005050011, 9009130100, 9009130150, 9009130200;
Condo 2729 SQ Ft;
Gross income $67,543, net operating;
CAP Rate 6.75%;
Nine (9) floors; Bldg SF 53,290; Land SF 24,862; Acres .57; Office class B;
Built 2008.
Freeport Apartments,
10211 47th Ave South West, Tacoma; Listing ID: 615385; Sales $1,775,000;
Square Feet: 11,084;
$SF = $160.14;
$Unit=$126,785.00;
Total of 14 Units;
Lot Sq Ft = 27,440; Acres = 0.63;
Pierce County/ Market Lakewood: Tax ID; 0219012043;
Zoning multi family;
Built 1980; year renovated 1994;