11618 Pacific Highway SW Lakewood, WA 98499

Listing agency KELLER WILLIAMS RTY TACOMA i***@kw.com Show Phone

Listed by INGA LEGKUN

Source Corcoran

Added: Sep 20, 2025 Updated: Jul 10 at 12:54PM Checked: Jul 22 at 7:53AM

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Investment Insights

Based on property information with market context.

This commercial lot is located on Pacific Highway SW, adjacent to Sound Transit. The zoning allows for commercial, business, and retail uses such as barber shops, insurance agencies, beauty salons, restaurants, and office spaces. Multifamily development is also permitted, with the City of Lakewood allowing up to 28 units. A design review is pending for an 18-unit development. Utilities, including water and sewer, are available on the property from a previously demolished auto shop. Electricity is accessible in the street. The parcels have been combined; the correct parcel number is 0219126025.

Key Highlights

• Prime commercial lot location next to Sound Transit.
• Zoning allows for diverse uses: commercial, business/retail, and multifamily development.
• Multifamily development potential up to 28 units.

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FAQs

What type of property is this?

Commercial land - Commercial lot suitable for retail or multifamily development.

Where is this commercial land located?

The property is located at 11618 Pacific Highway SW Lakewood, WA.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Prime commercial lot location next to Sound Transit.; Zoning allows for diverse uses: commercial, business/retail, and multifamily development.; Multifamily development potential up to 28 units.