Marketing Description:

1352 Fawcett Avenue represents a unique opportunity to acquire an approximately 150-unit multifamily transit-oriented development site that is 11,900 sf. Also great owner/user opportunity with 2,400 sf retail building while land banking for future development. Located in a federally designated Opportunity Zone providing tax benefits.Multifamily Tax Exemption development incentives.Located in the pedestrian-friendly downtown Tacoma central business district.Three blocks to T-Line Light Rail Station with connections to Sounder Commuter Rail and Amtrak Rail Stations.Two blocks to Tacoma Convention Center, Hotels, YMCA, Coffee Shops, and retail Services.Excellent access to Highway 705 connecting to Interstate 5.Three blocks to the University of Washington Tacoma.Views of the City, Cas