Courtesy of: Trevor Kovich | | Neil Walter Company
Year Build: 1938
Address: 43 Broadway
Neighborhood: Stadium District, 20 - North Tacoma
Buyer To VerifyMiddle School
Desirable Stadium District location w/ panoramic views of the Sound, 43 & 45 Broadway consist of 13 total units. Each building contains common area laundry, with some units featuring in-unit washers/dryers. Tacoma Link extension under construction with planned completion this year; includes stop at 4th & Stadium Way, offering tenants immediate access to the Link which will run every 10 minutes and stops at the Tacoma Dome Station, providing direct transportation options to Seattle and beyond. 'DR' zoning includes a FAR of 4 w/ design standards, or 6 w/ transfer of development rights = up to a 54,000 sf building / 90’ height limit (long-term redevelopment?). HUGE UPSIDE VIA INCREASED RENTS / UTILITY BILLBACK- see attached for more details.