Listing Broker: Better Properties Valley Assoc; Rhett Elton 360-893-7335 BetterPropertiesDocs@gmail.com.
Rare dual-parcel commercial offering on Lakewood's high-traffic S Tacoma Way corridor - two contiguous parcels totaling 1.78 acres, sold together as one package. The combined portfolio features 11,360 sq ft of building space including 2,560 sq ft of enclosed storage, with an effective year built of 1992.The street-side buildings currently generate $12,550 in total income, offering investors immediate cash flow while unlocking long-term value: the rear acreage presents potential land development opportunity. Hold the front, collect the income, and plan the future of the back.Positioned along one of Lakewood's most established commercial arteries, the property benefits from strong street-front visibility and a proven mix of retail, residential, and storage uses. Power, water, and sewer are all in place. Convenient access to I-5, SR 512, and JBLM supports steady traffic from commuters and area employers. Parcel numbers 0220361007 and 0220361013, sold as a package.Whether you're an investor seeking dependable income, a developer with vision for the land, or an owner-user looking to occupy while leasing the balance, this offering delivers flexibility few properties can match. Multiple buildings and varied layouts suit a wide range of tenants and uses. Income today, development potential tomorrow - the choice is yours.Buyer to verify all figures, income, zoning, and development potential to their own satisfaction.

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Listing data courtesy of NWMLS as provided by MLS Grid as of November 13, 2026 6:31 AM EST . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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