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Lacey Mixed-Use Commercial Property

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

HighLights

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.
Main building includes a remodeled 2BR residential unit above Lacey Shoe Repair.
Separate large building with current tenants and a 2‑car garage.
Stand‑alone small house with a cute yard.

We can help!

Listing Contact

Thomas Schrader

For Sale

$1,399,000

Three buildings with income potential in high-traffic location.

Type:General Commercial

Added:: Apr 26, 2023
Days on Market:: 1143
Last Refresh:: May 13 at 8:48 pm

Property Features for 4221 Pacific Avenue SE

General Information

Standard status: Active
Property subtype: General Commercial

Building Details

Year Built: 1930

We can help!

Listing Contact

Thomas Schrader

Listing agent Thomas Schrader License #118109

Listing office RE/MAX Parkside Affiliates

Listing date Apr 26, 2023

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

HighLights

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.
Main building includes a remodeled 2BR residential unit above Lacey Shoe Repair.
Separate large building with current tenants and a 2‑car garage.
Stand‑alone small house with a cute yard.

Overview

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 Location Intelligence

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Mixed-use properties

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Local Demand

City: Lacey
County: Thurston
State: Washington
Longitude: -122.8307512
Latitude: 47.0383705

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For sale
Mixed-use properties
WA
Lacey
98503
4221 Pacific Avenue SE

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.