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Lakewood Commercial Property on Bridgeport
For Sale
$975,000

7214 Bridgeport Way Unit 12, Lakewood, WA 98499

Prime Bridgeport Way frontage in Lakewood’s NC2 district

Property Size264 SF
Lot Size0.43 Acres
Price / SF$3,693
Days on Market146

Property Features for 7214 Bridgeport Way Unit 12

General Information

Standard status Active
Property type Office buildings, Creative space, Office Units, Office Spaces
Size 264 SF
Net Rentable 250 SF
Class B
Total Parking Spaces 7
Elevators Yes
Lot size 0.43 Acres
Occupancy 90%
Sale Condition Deferred Maintenance
Investment Type Redevelopment
Net Operating Income $123

Building Details

Year Built 1945
Year Renovated 1997
Buildings 1
Stories 1
Units 2
Listing Agency:
Listed By: Kir
Added: Apr 6 Changed: Apr 8

Investment Insights

Based on property information with market context.

This commercial property is located on Bridgeport Way in Lakewood, Washington, within the NC2 district. The property benefits from its position in an established retail corridor with national and regional tenants. It offers high visibility across from a major shopping destination and convenient access to major highways and the Lakewood Towne Center. The lot size is 0.43 acres. The NC2 zoning allows for a range of commercial and mixed-use options, presenting opportunities for repositioning, redevelopment, or future owner-occupancy. The property is currently leased and generating income. The property size is 264 square feet.

Key Highlights

  • Prime Bridgeport Way frontage in Lakewood’s NC2 district, positioned within an established retail corridor featuring major national and regional tenants.
  • High visibility across from a major shopping destination with convenient access to major highways and the Lakewood Towne Center.

Property Analytics

Current Use

Ladybug Espresso Take-out & Catering

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Garden Center HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 98499, WA

33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Prime Bridgeport Way frontage in Lakewood’s NC2 district
Where is this office building located?
The property is located at 7214 Bridgeport Way Unit 12 Lakewood, WA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime Bridgeport Way frontage in Lakewood’s NC2 district, positioned within an established retail corridor featuring major national and regional tenants.; High visibility across from a major shopping destination with convenient access to major highways and the Lakewood Towne Center.
More about this property
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