Lakewood, WA 98499
Bed
Bath
48214 SqFt
2 DOM
Built: 2005
$10,950,000
Lakewood 98499
$10950000
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Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an on-site daycare, salon, and café—enhancing both tenant demand and long-term stability. Ideally positioned along high-visibility Bridgeport Way SW, the property offers immediate access to I-5, Tacoma, and Joint Base Lewis-McChord, with Lakewood Towne Center’s retail and dining options just minutes away. The Lakewood Transit Center is located under two miles from the site, further strengthening commuter appeal.
Listing Provided Courtesy of Reid Jones, Westlake Associates, Inc.
MLS #NWM2470082
TypeMulti Family
Days on Market 2 DOM
Beds
Lot Size 1.36 acres
Baths
SqFt48214
Year built2005
ZoningCommerc
CountyPierce
Tax ID
Elem
Middle
High
PropCategoryResidential Incom
PropTypeMulti Family
Neighborhood (Legal)
Krishna Realty data last checked: Jan 22, 2026 14:49 | Listing last modified Jan 20, 2026 18:55, Source:
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Upper SqFt
Main SqFt
Lower SqFt
Total SqFt48214
SFSrc
TotUp/Mn
Fireplaces
Bdrms
Full Bath
Partial Bath
Total Bath
RoofComposition, Flat
Garage
Style56 - 10+ Units
Parking
Levels
Year Built2005
Green Cert
Energy Eff
Exterior
Bsmt/Fnd
RV
URM
Basement
Foundation
Windows
AmenitiesElevator, Storage
Living
Kitchen
Interior
ExteriorWood
Accessibility
Cool
WaterPublic
Heat
SewerSewer Connected
Hot Water
Fuel0
PTax/Yr126033
HOA
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash Out, Conventional
List Date01-20-2026
Rent (If Rented)
Bank Owned/REO
Short Sale
Pending Date
DOM 2
CDOM 2
Sold Date
TermsCash Out, Conventional
Original Price$10,950,000
List Price$10,950,000
Sold Price
Last ModifiedJan 20, 2026 18:55
Listing courtesy of Westlake Associates, Inc..
The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Jan 22, 2026 14:49 | Listing last modified Jan 20, 2026 18:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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