Listed by Lisa Taylor, Skyline Properties, Inc.
- Commercial Industrial
- Type
- 1975
- Year built
- 16,353 sq ft
- Lot
- 138
- Days on market
About this property
Exceptional opportunity on South Tacoma Way with convenient access to I-5, Highway 512, JBLM, and surrounding commercial corridors. Situated on a generous 16,553 sq ft level lot, this versatile property offers a wide range of potential uses for owner-users, investors, entrepreneurs, service businesses, office, retail, or future redevelopment possibilities. Existing improvements include a newer addition, creating added flexibility for a variety of business or mixed-use concepts.Property features strong exposure, convenient access, and ample parking in a high-traffic Lakewood location surrounded by established businesses and continued area growth. Commercial/residential zoning may provide additional opportunities and flexibility for future use or expansion. Rare chance to secure a well-located property with accessibility and long-term upside in a sought-after South Tacoma Way corridor.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Lakewood area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2554447
- Listed
- May 27, 2026
- Days on market
- 138
- Original list price
- $699,000
Construction
- Year built
- 1975
- Style
- 62 - Business Opp.
- Structure
- Mixed Use
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- HardwoodLaminate
Lot
- Lot size
- 16,353 sq ft
Terms
- Terms offered
- CashConventionalRehab Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
What stands out to you?
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- Mixed Use
- Composition
- Forced Air
- None
- Electric
- Hardwood
- Laminate
- Cash
- Conventional
- Rehab Loan
- Public
- Sewer Connected
Listing history
Listed
$699,000
May 27, 2026
Current price
$649,999
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
$3,785
- Principal & interest
- $3,287
- Property tax (est.)
- $498
Assumes $130,000 down (20%), a $519,999 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.
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Based on information submitted to the MLS GRID as of October 13, 2026 at 5:30 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.