Bought with Skyline Properties, Inc.
$1,000,000
$1,379,000
27.5%For more information regarding the value of a property, please contact us for a free consultation.
12314 Pacific HWY SW Lakewood, WA 98499
1.24 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Tillicum
MLS Listing ID 1662023
Sold Date 07/16/21
Style 60 - Comm Bldg Und 10K
Year Built 1971
Annual Tax Amount $8,360
Lot Size 1.240 Acres
Lot Dimensions 450 X 120
Property Description
450 ft of road frontage on Pac Hwy. 10,000 sf Flex building with many potential uses including car lot, data center, warehouse, office, or retail. Large 1.25 acre lot with great access to I5, 512, and JBLM. This building is well suited for an owner/user or investor looking to reposition with big upside. Comparable lease rates are in the $15-$18/sf range. The property is a great value at this price.
Location
State WA
County Pierce
Area 41 - Lakewood/Tillicum
Interior
Interior Features Concrete
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Utilities Available Sewer Connected, Electricity Available, Natural Gas Connected
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157