12,733 SF lot zoned Woodland District and located within the Urban Neighborhood 2 - Pacific Avenue Subdistrict, one of Lacey's designated mixed-use redevelopment corridors. The zoning allows for a wide variety of commercial and residential uses, including retail, office, service businesses, multifamily housing, and mixed-use development. The property is accessed via an easement extending north from Pacific Avenue through the adjoining parking lot. There's also the planned extension of 10th Ave SE which will provide an additional access point and utility connection upon completion. Conveniently situated near Saint Martin's University on the northwestern side of Lacey, the property is surrounded by an established mix of shopping, dining, medical services, and other commercial amenities. I-5 is just minutes away and provides quick and convenient access throughout the South Sound region. The site features level topography with public utilities available in the street. With flexible Woodland District zoning, strong regional access, and a location within one of Lacey's targeted redevelopment corridors, this property presents an exceptional opportunity for investors, developers, and owner-users alike.