8202 S Tacoma Way Lakewood, WA $ 2,500,000
8202 S Tacoma Way
$ 2,500,000
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8202 S Tacoma Way

Lakewood, WA, 98499
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,267

Listed by Rhett Elton, Better Properties Valley Assoc, 253-350-9565, rhett.elton@gmail.com
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Commercial Property for sale in Lakewood, WA

for $2,500,000. This building was built in 1940 on a lot size of 1.7764.

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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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Ovr 10K

Lot Size

1.7764

Year Built

1940

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2603357

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession See Remarks Subject To Tenant Rights
Roof Composition Torch Down
HOA Fee 0
Year Built 1940
Topography Level
Property Subtype Commercial Industrial
County Pierce
Property Type Commercial Sale
HOA N
Subdivision Name Lakewood
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions From SR-512 W continue to the end and turn right (north) onto S Tacoma Way. Go about 1 mile to 8202 across from the South Tacoma Antique Mall.
City Lakewood
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 0
MLS Area 36 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 77380
Carport Y/N N
Listing Terms Cash Conventional
Public Remarks Rare dual-parcel commercial offering on Lakewoods high-traffic S Tacoma Way corridor two contiguous parcels totaling 1.78 acres sold together as one package. The combined portfolio features 11 360 s
Virtual Tour http://photos.smugmug.com/photos/i-2sKLZcw/0/Kn7RM7RDJmhT2hHhVkghjHn6rSfdxL9p2C2fMLnrw/1920/i-2sKLZcw-1920.mp4
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood Water District
Property Style 61 - Comm Bldg Ovr 10K
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Exterior
Exterior Amenities Brick Metal/Vinyl Wood
Water Source Public
Total Parking 0
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Dimensions 143 x 530
Lot Size Acres 1.7764
Irrigation Water Rights Y/N N
Site Frontage 143
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Interior
Flooring Ceramic Tile Hardwood Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2603357
Street Number 1 8202
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* Excluded Features
List By
Rhett Elton

Listing Agent

Better Properties Valley Assoc

Broker

rhett.elton@gmail.com

Email

Affordability Calculator

$17,267
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2026$2,500,000 Listed Price

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8202 S Tacoma Way, Lakewood, WA, 98499 is a Commercial Property for sale at $2,500,000 with a lot size of 1.7764. 8202 S Tacoma Way was built in 1940. The property's zip code is 98499 which is in Lakewood, WA