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JRJeff ReynoldsCompass · Seattle

Listed by Joey Soller, Keller Williams Greater 360

Commercial Industrial
Type
1951
Year built
10,640 sq ft
Lot
96
Days on market

About this property

Turnkey, fully remodeled commercial building on a high-visibility corner lot in the heart of Lakewood. Perfect for owner-users or investors, this property features highly flexible NC2 zoning, permitting professional office, medical, wellness, retail, or live-work uses. The modern interior features high-end finishes, granite countertops, updated systems, 7 private offices, 2 conference rooms, 2 bathrooms, and 2 kitchenettes. Currently a single-suite layout, the building is already equipped with 2 separate meters, allowing for an easy two-suite conversion by simply closing off a small section. Outside, the property boasts prominent signage opportunities and rare, abundant on-site parking with approximately 20 spaces. This parking advantage is further enhanced by a valuable easement encumbering the adjacent parcel, providing exceptional flexibility and future redevelopment leverage. Strategically located with rapid access to JBLM, Tacoma, DuPont, and Olympia, this highly adaptable asset is move-in ready and positioned for significant long-term upside.

Location & commute

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Directions

Property details

Listing details

Listing number
#2505117
Listed
April 8, 2026
Days on market
96
Original list price
$529,000

Construction

Year built
1951
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Lot

Lot size
10,640 sq ft

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Listing history

  1. Listed

    $529,000

    April 8, 2026

  2. Current price

    $519,000

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

$3,022

Principal & interest
$2,624
Property tax (est.)
$398

Assumes $103,800 down (20%), a $415,200 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.