Multi-Building Retail and
For Sale
$1,399,000
4221 Pacific, Lacey, WA 98503
Three-building mixed-use property with retail space, a remodeled 2BR unit, and additional rental buildings.
Property SizeContact for details
Days on Market1296
Property Features for 4221 Pacific
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1930
Listing Agency:
RE/MAX Parkside Affiliates
Listed By:
Thomas Schrader
(253) 604-6000
Source:
Skylineproperties
Added: Feb 12, 2023
Changed: Aug 31
Last Checked: Aug 30 at 6:22PM
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
Investment Insights
Based on property information with market context.
This iconic Lacey commercial property features three separate buildings with an active mixed-use setup. The main building includes Lacey Shoe Repair and an amazing remodeled 2BR residential unit above.
In addition, there is a large separate building in front with current tenants and a 2-car garage, along with a standalone small house behind with a cute yard. Current monthly income is stated at $7,500, with another space currently unrented that could potentially add approximately $2,000 per month.
The property is described as a high-traffic exposure corner and is presented as having many development possibilities. It is offered for sale at 4221 Pacific in Lacey, WA 98503.
In addition, there is a large separate building in front with current tenants and a 2-car garage, along with a standalone small house behind with a cute yard. Current monthly income is stated at $7,500, with another space currently unrented that could potentially add approximately $2,000 per month.
The property is described as a high-traffic exposure corner and is presented as having many development possibilities. It is offered for sale at 4221 Pacific in Lacey, WA 98503.
Key Highlights
- Three‑building mixed‑use property with retail plus residential and additional rental buildings
- Main building includes Lacey Shoe Repair and a remodeled 2BR residential unit above
- Two other separate buildings: a large building in front with current tenants and a 2‑car garage, plus a small stand‑alone house behind
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,601
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98503, WA
40,346
Population
18,375
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
3,635
Density / Sq Mi
$87,515
Median Household Income
$47,554
Median Earnings
$1,673
Median Rent
$407,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Three-building mixed-use property with retail space, a remodeled 2BR unit, and additional rental buildings.
Where is this storefront property located?
The property is located at 4221 Pacific 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: Three‑building mixed‑use property with retail plus residential and additional rental buildings; Main building includes Lacey Shoe Repair and a remodeled 2BR residential unit above; Two other separate buildings: a large building in front with current tenants and a 2‑car garage, plus a small stand‑alone house behind
