Lakewood, WA Land Property For Sale

This developable land is located at the intersection of Bridgeport Way SW and 93rd St SW in Lakewood. It boasts a highly desirable location within a bustling retail corridor, between the main thoroughfares of Steilacoom Boulevard and Gravelly Lake Drive. Its prime location makes it an excellent choice for the establishment of a drive-through. Highly desirable CBD zoning allows for a wide ranges of uses. The property offers exceptional visibility and exposure, further enhancing its appeal for potential businesses seeking a strategic and lucrative location.

First Western Properties is pleased to exclusively present Halcyon Commons, a fully-entitled 40-unit development opportunity in Lakewood. This property has unparalleled convenience, offering residents quick access to Lakewood Towne Center, JBLM, and the greater Puget Sound region via I-5, all within a 5 minute drive. The development will cater to the needs of young professionals, families, and military personnel seeking a convenient and connected lifestyle. Proximity to JBLM provides a built-in tenant base and ensures consistent demand. This property is well-situated for Sound Transit commuters, with the Lakewood Sound Transit Station just a 2 minute drive south of Halcyon. Annual Sound Transit ridership has exceeded 40 million boardings per year each of the past 3 years.

Rare opportunity for 2.37 acres in the heart of Lakewood! Amazing opportunity to redevelop this prime piece of flat land for your industrial or commercial purposes. 3 individual parcels are being sold together. The lots are Zoned Air Corridor 2 or AC2 / APZ-II. The value is in the land and redevelopment. There are currently 2 residentials homes on the property. Close to JBLM and great access to I5. Potential seller financing available.

Buildable Area: ~ 106,180 SF

Land Size: 2.69 Acres, 117,176 SF

Sale Price: $1,200,000

• Environmental survey, wetland delineation has been completed

Seller will provide documentation to prospective buyers

• Zoning = MF1, City of Lakewood

• In the heart of Lakewood’s Retail Core and a block away from the Lakewood

Towne Center

• Excellent access and visibility

• Zoned Central Business District (CBD)

Premium properties like this rarely come along! With the construction of the new I-5 Berkeley St off ramp, all Northbound and Southbound taking the Berkeley St exit will drive by this lot before any others! This property will be the first any driver will see enroute to Camp Murray and other commercial establishments on Union Ave. The exceptional I-5 visibility, Berkeley St frontage & located in an Opportunity Zone make this property every developer’s dream! Neighborhood Commercial 2 zoning allows for numerous commercial, multifamily and mixed uses. Traffic study complete. Structures, septic and oil tank removed with NFA. All utilities are currently on site! Tax iD #: 2200000172; 2200000173; 2200000192

Premium visibility site with 430' of frontage on Pacific Hwy and 360' on I-5. Flexible C-1 (City of Lakewood) allows for a myriad of commercial uses. Prospective buyers will benefit from over 141,924 vehicles per day between I-5 and Pacific Hwy.

• Multifamily Land opportunity - minimum four units

• Bare land with utilities to the site, curb/gutter/ sidewalk in place

• New multifamily in progress adjacent to property

• Great location and nearby amenities

Commercial lot of 14,589sf for sale off 100th St. CBD zoning. Tax iD #: 4002020020