10240 Bridgeport Way SW
Lakewood, WA 98499
1.36 acres | #2349285
Description
We are pleased to present Town Centre Village, a premier investment opportunity in Lakewood, WA. This offering includes 2 well-maintained buildings: a 41,072SF mixed-use property comprising 33 residential units and 9 commercial spaces with frontage along Bridgeport Way, and a 6,932SF 4-Plex featuring 2 & 3 bedroom units. Ample parking is offered, including 40 surface spaces, 31 gated spaces, and 16 gated and covered spaces. With the potential to increase rental income by approximately 11% through minor renovations and rent adjustments to market rates, Town Centre Village presents a compelling value-add opportunity. The commercial component is currently 83% occupied, with the majority of tenants secured under long-term NNN leases.
Property Details
- Lot DescriptionCorner Lot, Paved, Sidewalk
- Sewer InformationSeptic Tank, Sewer Connected
- High SchoolClover Park High
- Style56 - 10+ Units
- Elementary SchoolTyee Park Elem
- Date ListedMarch 25, 2025
- Property TypeMulti-Family
- Middle SchoolLochburn Mid
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- SubdivisionClover Park
- School DistrictClover Park
- Original List Price$11,750,000
- Cost11750000
- Taxes Annual$92,705
- MLS #2349285
- MLS #2349285
- Acres1.3625
- Utility SourcePublic
- CountyPierce
- Exterior MaterialsWood
- Year Built2005
- Days on Market (Cumulative)11
- Stories3
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-31 16:43:12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Brendan Greenheck (#NWM147280)
Listing Office: Northmarq Commercial, LLC (#NWM10040)
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