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JRJeff ReynoldsCompass · Seattle

Listed by Rafael Ojeda, John L. Scott Dupont

Commercial Industrial
Type
1941
Year built
12,000 sq ft
Lot
209
Days on market

About this property

List Price Reduced! Income Property w/excellent potential & huge signage on busy street alongside I-5 and new Comfort Inn, other hotels, Military bases, Madigan Army Hospital, St Claire hospital and Lakewood Towne Centre. Long term Tenants w/long term leases. Tenants pay for water, sewer, insurance property taxes, street signage and parking lot maintenance. Each unit has its own electric, gas and water meters. 15 parking stalls in front. Property includes two parcels: 0219114164 and 0219114192. Fully occupied. Building features include ADA Ramp access with fully fence gate in rear. Roof was replaced 3 years ago. Discretion PLEASE.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2455928
Listed
November 20, 2025
Days on market
209
Original list price
$1,100,000

Construction

Year built
1941
Style
75 - Retail
Structure
Retail
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
ElectricNatural Gas

Flooring

Flooring
LaminateVinyl

Lot

Lot size
12,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Lakewood Water District
Sewer
Pierce County
Power
Lakeview Light & Power

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Retail
  • Composition
  • Forced Air
  • Electric
  • Natural Gas
  • Laminate
  • Vinyl
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,100,000

    November 20, 2025

  2. Current price

    $949,000

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

$5,527

Principal & interest
$4,799
Property tax (est.)
$728

Assumes $189,800 down (20%), a $759,200 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 July 13, 2026 at 11:15 PM 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.