What neighborhood in Tacoma isn’t seeing new condos every other week? Which neighborhood has a fair amount of mixed use zoned property, but hasn’t seen any new development in years. Do you want to be the first to tear into a new market and change the landscape of a Tacoma neighborhood? Now’s you chance! We just checked our email for the day and what do we see? A mixed use zoned house in the 2500 block of North Proctor. The listing has photos of the house. Nobody is looking at this for the house. $640,000 isn’t about a house. Let’s start talking about something with a bit more density. Townhouses? Condos? Mixed use? Ahhh… the possibilities. The poor little house doesn’t stand a chance.
Listed with Turn Key Real Estate
Previously on Exit133
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Proctor is a great space.
The house is in a mixed use zone so it might be redeveloped legally. It was actually surprising that the owners spent so much time and money renovating it.
The one thing that might save the house is that it is all alone and there may not be a big enough space to build something large on it.
The neighborhood just needs to make sure developers do not try to sprawl out the commercial area and ruin the place.
The charm of Proctor is that there has always been defined space of the neighborhood and the commercial district.
1 | Posted by Erik | Jun 17, 02:09 AM
I don’t see anything happening here- the lot is too small to redevelop and would be a challenge to combine with the parcel next to it – a dry cleaners. Most developers don’t want to mess with “dirty” dirt.
But I do see it’s use changing from residential to commercial… if someone picks it up. At $640k, I’m not so sure how soon that would happen…
2 | Posted by morgan | Jun 17, 09:49 AM
“Most developers don’t want to mess with “dirty†dirt.”
Are you suggesting there is a contamination isssue?
3 | Posted by Erik | Jun 17, 10:23 AM
There isn’t a Dry Cleaners next to it. I think you are thinking of the house on the other side of N 26th Street. Across the Alley from this house is the Discovery Shop.
And the lot isn’t to small to redevelop. There is plenty of things that could be built there.
Example look at 245 Tacoma Ave. The Stillwater Apartments were built on about the same size lot. There must be atleast 25 apartments there.
There are multi story commercial buildings on Proctor Street with much smaller lots.
4 | Posted by Jake | Jun 17, 03:42 PM
My mistake, I was thinking of 2506 N Proctor which sits on 3,375 square feet of land. 2510 N Proctor sits on 6,200, which at $103/ft still does not warrant a tear-down. Unless your last name is Russell.
...ouch.
5 | Posted by morgan | Jun 17, 11:19 PM
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