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    8801 S Tacoma Way Lakewood, WA 98499

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    For Sale
    $1,995,000

    Unique mid-century modern building suitable for retail or office use.

    Property size:
    10,660 SF
    Lot size:
    0.73 Acres

    Property Features for 8801 S Tacoma Way

    General Information

    Size
    10,660 SF
    Lot size
    0.73 Acres

    Source: Lee & Associates Commercial Real Estate Services Agent Rachel Corp

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

    Overview

    Former Bank Building on Tacoma Way

    This property is a former bank building featuring notable mid-century modern architecture. The main level spans 4,376 square feet and has 20-foot ceilings. A 1,908-square-foot mezzanine overlooks the main floor, suitable for offices or creative workspace. The property includes two drive-through lanes and a full basement that offers storage or potential expansion. Located at a signalized intersection along S. Tacoma Way, the property offers visibility. The total property size is 10,660 square feet. The building could be repurposed for retail, restaurant, financial, or professional use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.482863
    Latitude
    47.176886

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    FAQs

    What type of property is this?
    Bank - Unique mid-century modern building suitable for retail or office use.
    Where is this bank located?
    The property is located at 8801 S Tacoma Way Lakewood, WA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime visibility at a signalized intersection on high-traffic S. Tacoma Way.; - Dramatic 20-foot ceilings throughout most of the 4,376 SF main floor.; - Architecturally distinctive mid-century modern design with glass and brick.
    (253) 383-8382
    Request Owner's contact information
    8801 S Tacoma Way Lakewood, WA 98499
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    Lakewood, WA 98499
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8801 S Tacoma Way Lakewood, WA 98499
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