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$1,097,000
149 Days On Site

12134 Pacific Highway SW
Lakewood, WA98499

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1941
Built
Cumulative Days On Market:
150
Subdivision:
Lakewood
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Michael Piccolo of COMPASS

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253-268-1714
12134 Pacific Highway SW12134 Pacific Highway SW12134 Pacific Highway SW12134 Pacific Highway SW
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Presenting a fully occupied investment prospect, this property offers a unique opportunity to expand your portfolio with a 3 unit retail strip! Anchored by two well-established restaurants and a smoke shop., The property is situated on the bustling Pacific Highway, ensuring high visibility and traffic. The site benefits from parking visibility and potential for higher rents enhances its value-add potential. All units are under triple net leases (NNN) ensuring tenants are responsible or expenses. Located in an area experiencing growth, this property represents a dynamic investment for some one looking to add to their portfolio. Sale includes two tax parcels. 5 year leases with 3% annual bumps! *DISCRETION ADVISED Do not disturb tenants

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Listing Snapshot
Price 
$1,097,000
Days On Site 
149 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1377 Acres
Year Built 
1941
MLS® Number 
2307355
Status 
Active
Property Tax 
$6,428
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.1377
Additional Property Use 
CommercialRetail
Foundation 
Block
Parking Spaces 
15
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Flooring 
LaminateVinyl
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Level
Roof 
Composition
Community Features
Accessibility Features 
Accessible Entrance
Financing Terms Available 
Conventional
MLS Area 
40 - Lakewood
Courtesy of NWMLS
Listing courtesy of Michael Piccolo of COMPASS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-04-03 01:42 PM PDT

Neighborhood & Commute
Source: Walkscore
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