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JRJeff ReynoldsCompass · Seattle

Listed by Terry Vo, John L. Scott, Inc

Commercial Industrial
Type
1965
Year built
37,200 sq ft
Lot
150
Days on market

About this property

This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

Location & commute

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Directions

Property details

Listing details

Listing number
#2470923
Listed
February 13, 2026
Days on market
150
Original list price
$1,859,950

Construction

Year built
1965
Style
70 - Industrial
Structure
Industrial

Heating & cooling

Energy source
Electric

Lot

Lot size
37,200 sq ft

Terms

Terms offered
CashConventional

Utilities

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

What stands out to you?

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  • Industrial
  • Electric
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,859,950

    February 13, 2026

  2. Current price

    $1,199,950

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

$6,988

Principal & interest
$6,068
Property tax (est.)
$920

Assumes $239,990 down (20%), a $959,960 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.