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4221 Pacific Avenue SE Lacey, WA 98503

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For Sale
$1,399,000

Three buildings with income potential in high-traffic location.

Type:General Commercial
Added:
Apr 26, 2023
Days on Market:
1097
Last Refresh:
Apr 1 at 8:25 pm

Property Features for 4221 Pacific Avenue SE

General Information

Standard status
Active
Property subtype
General Commercial

Building Details

Year Built
1930

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Listing Contact
Thomas Schrader

Listing agent Thomas Schrader License #118109

Listing office RE/MAX Parkside Affiliates

Listing date Apr 26, 2023

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Parkside Affiliates


Overview

Lacey Mixed-Use Commercial Property

This commercial property in Lacey features three separate buildings. The main building houses Lacey Shoe Repair and a remodeled two-bedroom residential unit above. An additional large, separate building is located in front and includes a two-car garage and current tenants. A stand-alone small house with a yard is situated behind the other buildings. The property currently generates a monthly income of $7,500, with an additional space that could potentially generate approximately $2,000 per month. The property is located on a high-traffic corner and offers various development possibilities.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lacey
County
Thurston
State
Washington
Longitude
-122.8307512
Latitude
47.0383705

FAQs

What type of property is this?
Mixed-use property - Three buildings with income potential in high-traffic location.
Where is this mixed-use property located?
The property is located at 4221 Pacific Avenue SE Lacey, WA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: High monthly income of $7,500 with potential for an additional $2,000/month from unrented space.; Three separate buildings on the property offer diverse income streams.; Prime location at a high traffic exposure corner with many development possibilities.
More about this property
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