1504 Auction Catalog - page 27

25
OR FAX FORM ON PAGE 115 TO 503-242-1814
18
WITHDRAWN
Deschutes Way Development Site by Tumwater Falls Park and I-5
Olympia, Washington
19
PUBLISHED RESERVE:
No Minimum Bid
LAST ASKING:
First Time Offered
SIZE:
.4± Acre
ZONING:
RCX -- Residential Commercial Mixed-Use
PROPERTY INSPECTION:
At Any Time
FINANCING:
None – All Cash
DESCRIPTION:
This infill development site is located in Tacoma’s Fern
Hill neighborhood, near a library, and the new Baker Middle School
campus, two blocks west of the property.
The .4± acre site is a former substation site owned by Puget Sound Energy,
and has frontage on both S. Thompson and S. YakimaAvenues, providing
several options for development.
The zoning will allowmulti-family development with a maximum height of 60 feet, plus opportunity for
townhomes and apartments. Please see Supplemental Information Package for zoning details.
Both Phase I and Phase II Environmental Reports are available from the Seller, and are part of the
Supplemental Information Package.
There is 150 feet of frontage along S. Thompson Avenue, which is elevated above the street, and100 feet
of frontage on S.Yakima Avenue. The site is level, and has a gravel surface.
All utilities are available to the property.
The Seller will retain a 10-foot-wide easement on the east side of the site, for future electric and gas lines.
The adjoining brick building, which is privately owned, has a 10 inch encroachment into the loading
dock. Please see Supplemental Information Package for property survey.
LOCATION:
8051 S. Thompson Avenue. APN# 9425000190
Multi-Family Infill Development Site near Baker Middle School
Tacoma, Washington
I-5
Tacoma
South 84th Street
South Thompson
Avenue
South 83rd Street
South Yakima Avenue
South 80th Street
N
Please Note: Sketch plan is conceptual
only. Neither the Seller nor its agents
have submitted plan or made any
applications to a public agency.
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