10601 Gravelly Lake Dr SW Tacoma, WA 98499
Property summary
This exceptional investment opportunity presents a prime commercial property situated on a 0.26-acre corner lot at 10601 Gravelly Lake Dr SW in Lakewood, WA. The property boasts a combined building square footage exceeding 2800 square feet, comprised of a main building (2378 sq ft), a separate salon (580 sq ft), and a sizable storage/converted garage space. Its strategic location within the Central Business District ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property benefits from its position amidst established businesses and a thriving residential area, promising consistent growth and strong rental potential. The versatile layout allows for diverse uses, catering to a wide range of business needs. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Lakewood, offering significant return on investment. The property's size, location, and flexible space make it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. Don't miss this opportunity to own a piece of Lakewood's vibrant commercial landscape. The asking price is $750,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Tacoma market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CBD · Tacoma, WAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for CBD in Tacoma, WA.
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