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- LoopNet Team
2023 E 63rd Ave
Fife, WA 98424
Land For Sale
·
5.29 ac
INVESTMENT HIGHLIGHTS
- The Mixed-Use Development property is a rectangular flat site
PROPERTY FACTS
| Property Type | Land | Proposed Use | Build-to-Rent |
| Property Subtype | Residential | Total Plot Size | 5.29 ac |
| Use Class | HDR - High Density residential zone | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Build-to-Rent |
| Total Plot Size | 5.29 ac |
| Use Class | HDR - High Density residential zone |
DESCRIPTION
The Mixed-Use Development property is a rectangular flat site, largely cleared with the exception of two single story, wood framed homes totaling approximately 1,964 SF. The two homes that front 63rd Ave S are on month-to-month leases. The property is situated on the primary arterial in Fife’s central district, 20th Ave E, spanning a full block, and directly connected to Fife's, Future City Center. The City of Fife has changed dramatically over the last 50 years. What was once a small farming community has transformed into a major industrial and business hub in Pierce County. The 2024 Comprehensive Plan update is in the visioning process for the development of a future city center located 0.6 miles from the property. The focus of the project is to gradually develop the City into a more walkable, commuter-friendly city easily accessible from I-5.
