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Executive Summary

Investor Alert! Exceptional opportunity with TAC mixed-use zoning offering endless potential for multifamily, commercial, or mixed-use development. This is Downtown Residential allowing for 90ft building height!! The alley is about one level lower than Yakima Ave, it is well suited for an apartment or condo complex development with under building parking. This rare property includes two parcels, giving investors and developers the flexibility to develop one parcel or maximize the potential of both. Ideally located near downtown with quick freeway access, this prime location offers convenience, visibility, and strong future growth potential. Whether you’re planning apartments, retail, office space, or a mixed-use project, the zoning and location create a wide range of possibilities. Utilities and infrastructure nearby make this an attractive option for your next investment project. Don’t miss this chance to secure a versatile development opportunity in a rapidly growing area! Do not disturb tenants on property.

Property Facts

Price $750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.32 AC
Zoning DR

1 Lot Available

Lot

Price $750,000
Price Per AC $2,343,750.00
Lot Size 0.32 AC
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 201915-0040
  • 201915-0021
Land Assessment
$432,000
Improvements Assessment
$135,100
Total Assessment
$567,100
  • Listing ID: 41600261

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 1909 Yakima Ave, Tacoma, WA 98405

Contact the Sale Advisor

1909 Yakima Ave

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