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;