$4,750,000
648 125th Street S
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 674825
648 125th St S
Parkland, WA 98447

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Commercial Property

Marketing Description:

We are pleased to exclusively present Park Ave Commons, an urban infill site conveniently located adjacent to Pacific Lutheran University, in South Pierce County. Located in a Qualified Census Tract, the property is very centralized and offers residents the opportunity to enjoy a multitude of shops and restaurants nearby. The site is conveniently located just ½ mile away from the Parkland Transit Center and is situated right off Pacific Avenue with easy access to 512 and I-5. Park Avenue Commons offers the opportunity for investors to purchase an large scale entitled site in a market that has not seen any project of this scale in almost a decade. According to the Washington State Department of Commerce estimates Pierce County needs to add over 111K new units over the next 15-20 years to su

Land Features:

  • Lot Size: 84027 SqFt
  • Lot Acreage: 1.930 Acres
  • Zoning: TCTR
  • Total Parking: 181
  • Uncovered Parking: 181

Building Features:

  • Available Space: 84071 SqFt
  • Number of Floors: 5
  • Cap Rate: 0.00%
This Listing Supplied Courtesy of First Western Properties - Tac
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity