Exceptional commercial opportunity in a highly desirable, high-traffic location with approximately 204 feet of frontage on Meridian, providing excellent visibility and strong daily exposure. The property sits on a 46,000± square foot lot and is located in close proximity to Good Samaritan Hospital, making it especially attractive for medical, office, and mixed-use development. Zoned RM-20, the property allows for a wide range of high-demand development options including medical, multifamily, office space, and mixed-use projects. With flexible zoning and strong market fundamentals, the highest and best use is redevelopment, offering significant long-term upside. The sale includes two individual lots, creating additional flexibility for phased development, expansion, or separate use strategies. The seller is open to both sale or lease, providing multiple paths to capitalize on this prime location. Opportunities combining frontage, lot size, zoning flexibility, hospital proximity, and high traffic volume are increasingly rare in this corridor.
Listing Provided Courtesy of Matt Harber, Keller Williams Rty Tacoma
General Information
NWM2468214
Commercial Industrial
1
DOM
1.06 acres
0
1949
Commerc
Pierce
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Matt Harber, Keller Williams Rty Tacoma
Krishna Realty data last checked: Jan 15, 2026 03:51 | Listing last modified Jan 14, 2026 21:17,
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Residence Information
0
Flat, Torch Down
73 - Office
1949
Poured Concrete
Features and Utilities
Wood
Public
Sewer Connected
Financial
9983
Cash Out, Conventional, Lease Purchase, Owner Financing, See Remarks
01-14-2026
Comparable Information
1
1
Cash Out, Conventional, Lease Purchase, Owner Financing, See Remarks
Exceptional commercial opportunity in a highly desirable, high-traffic location with approximately 204 feet of frontage on Meridian, providing excellent visibility and strong daily exposure. The property sits on a 46,000± square foot lot and is located in close proximity to Good Samaritan Hospital, making it especially attractive for medical, office, and mixed-use development. Zoned RM-20, the property allows for a wide range of high-demand development options including medical, multifamily, office space, and mixed-use projects. With flexible zoning and strong market fundamentals, the highest and best use is redevelopment, offering significant long-term upside. The sale includes two individual lots, creating additional flexibility for phased development, expansion, or separate use strategies. The seller is open to both sale or lease, providing multiple paths to capitalize on this prime location. Opportunities combining frontage, lot size, zoning flexibility, hospital proximity, and high traffic volume are increasingly rare in this corridor.
