3101 S 43rd St, Tacoma, WA

Land for Sale - $4,500,000 - 48,833 Sq. Ft. on 5 acres


Agent Info

Vladimir Olyanich
Coldwell Banker Commercial Danforth

Property Info

CIMLS#1157552
Location
  3101 S 43rd St
  Tacoma WA 98409
UpdatedApril 11th, 2024
TypeLand
Price$4,500,000
Building48,833 Sq. Ft.
Land5 acres

Property Description

Nestled on four parcels, Madison School is a multifamily redevelopment opportunity situated within close proximity to I-5, Hwy 16, Tacoma Mall and variety of retail and services. Urban Residential Mixed Use District zoning allows for a number of uses primarily focusing on apartments, townhomes and etc.

Structures include 29,733 SF main school building, 16,300 SF circular classroom building and 2,800 SF detached gymnasium. School grounds feature paved parking lots and two playgrounds. Boundary line adjustment is in progress. Upon completion, site size shall be 5.55 Acres.

Building is occupied. Please do not disturb. Reach out to listing agents to schedule showings.


Financials


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