12134 Pacific Hwy SW, Lakewood, WA 98499
- $949,000
Listing courtesy of John L. Scott Dupont.
- List Price
- $949,000
- Status
- ACTIVE
- MLS#
- 2455928
- Price Change
- ▼ $50,910 1778754522
- Days on Market
- 222
- Internet Provider
- Comcast
Property Description
List Price Reduced! Income Property w/excellent potential & huge signage on busy street alongside I-5 and new Comfort Inn, other hotels, Military bases, Madigan Army Hospital, St Claire hospital and Lakewood Towne Centre. Long term Tenants w/long term leases. Tenants pay for water, sewer, insurance property taxes, street signage and parking lot maintenance. Each unit has its own electric, gas and water meters. 15 parking stalls in front. Property includes two parcels: 0219114164 and 0219114192. Fully occupied. Building features include ADA Ramp access with fully fence gate in rear. Roof was replaced 3 years ago. Discretion PLEASE.
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Additional Information
- Community
- Lakewood
- Style
- 75 - Retail
- Year Built
- 1941
- Roof
- Composition
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Laminate, Vinyl
- Driving Directions
- From I-5 Exit 125 Bridgeport Way toward Lakewood, turn Left at First Traffic Light, Property on your Right.
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $55,290
- Gross Scheduled Income
- $61,104
- Cap Rate
- 5.53
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