Listed by Reid Jones, Westlake Associates, Inc.
- 48,214
- Square feet
- $197
- Per sq ft
- Multi Family
- Type
- 2005
- Year built
- 59,350 sq ft
- Lot
- 174
- Days on market
About this property
Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an on-site daycare, salon, and café—enhancing both tenant demand and long-term stability. Ideally positioned along high-visibility Bridgeport Way SW, the property offers immediate access to I-5, Tacoma, and Joint Base Lewis-McChord, with Lakewood Towne Center’s retail and dining options just minutes away. The Lakewood Transit Center is located under two miles from the site, further strengthening commuter appeal.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2470082
- Listed
- January 20, 2026
- Days on market
- 174
- Price per sq ft
- $197
- Original list price
- $10,950,000
Unit & building
- Stories in building
- 3
- Units in building
- 50
Parking
- Covered spaces
- 16
- Total spaces
- 87
Construction
- Year built
- 2005
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- CompositionFlat
Heating & cooling
- Heating
- BaseboardHeat Pump
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl PlankCarpet
Lot
- Lot features
- Corner LotCurbsPavedSidewalk
- Lot size
- 59,350 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Lakewood
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Multi Family
- Composition
- Flat
- Baseboard
- Heat Pump
- None
- Electric
- Vinyl Plank
- Carpet
- Corner Lot
- Curbs
- Paved
Listing history
Listed
$10,950,000
January 20, 2026
Current price
$9,500,000
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
$55,320
- Principal & interest
- $48,037
- Property tax (est.)
- $7,283
Assumes $1,900,000 down (20%), a $7,600,000 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.
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.