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JRJeff ReynoldsCompass · Seattle

4221 Pacific Avenue SE, Lacey, WA 98503

Listed by Thomas Schrader, RE/MAX Parkside Affiliates

Active1095 days on market

Originally $1,599,000

Reduced $200,000 · 13%

$1,399,000

4221 Pacific Avenue SE, Lacey, WA 98503

Lacey, WA, 98503

Built
1930
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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Commercial Industrial
Type
1930
Year built
13,939 sq ft
Lot
1095
Days on market

About this property

ICONIC LACEY COMMERCIAL PROPERTY - Three separate buildings. Lacey Shoe Repair in the main building with an amazing 2BR residential remodeled unit above. Another Large Separate Building in front with current tenants (with 2 car garage), and a stand alone Small House behind with cute yard. Monthly income of $7,500 (and another space currently unrented, which could get another ~$2,000/month). Many development possibilities at this high traffic exposure corner!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2063929
Listed
April 27, 2023
Days on market
1,095
Original list price
$1,599,000

Parking

Covered spaces
4

Construction

Year built
1930
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
CompositionFlat

Heating & cooling

Heating
Forced AirRadiantWall Furnace
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
ConcreteEngineered HardwoodLaminateCarpet

Lot

Lot size
13,939 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
City of Lacey
Sewer
City of Lacey
Power
PSE

Listing history

  1. Listed

    $1,599,000

    April 27, 2023

  2. Current price

    $1,399,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,147

Principal & interest
$7,074
Property tax (est.)
$1,073

Assumes $279,800 down (20%), a $1,119,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 8, 2026 at 9:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.