14718 Union Avenue SW

Lakewood, WA 98498

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1951

  • Status: Active

$529,000

X

14718 Union Avenue SW

Lakewood 98498

$529000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1951

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Beautifully remodeled and turnkey office building positioned on a high-visibility corner lot in the heart of Lakewood. This standout property offers exceptional flexibility with NC2 zoning, allowing for a wide range of uses including professional office, medical, wellness, retail, or mixed-use/live-work configurations—making it ideal for both owner-users and investors seeking long-term upside. The building features 7 private offices, 2 conference rooms, 2 bathrooms, and 2 kitchenettes, creating a functional layout that supports single-tenant use or an easy conversion to multi-tenant occupancy. High-end interior finishes, including granite countertops and updated systems, deliver a modern, move-in ready environment. Abundant on-site parking, with approximately 20 spaces, is a rare advantage and is further enhanced by a valuable easement encumbering the adjacent parcel, providing possible additional parking flexibility and future redevelopment leverage. Strong street presence with signage opportunities and excellent access to JBLM, Tacoma, DuPont, and Olympia position this asset in a highly desirable corridor. Previously under-marketed, this property presents a renewed opportunity to capitalize on its quality, functionality, and zoning versatility. A compelling option for professional users, medical or service-based businesses, or investors seeking income potential in a growing submarket. The building is one suite, close a small section and have 2 suites w/ 2 separate meters.

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Residence Information

  • 0

  • 60 - Comm Bldg Und 10K

  • 1951

Features and Utilities

Financial

  • 04-08-2026

Comparable Information

  • 1

  • 1

  • $529,000

  • $529,000

  • Apr 09, 2026 20:11

Schools

Map

Listing courtesy of Keller Williams Greater 360.

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: Apr 10, 2026 15:21 | Listing last modified Apr 09, 2026 20:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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