Lakewood, WA
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    Lakewood, WA Restaurants for Sale

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    Marysville, WA Arlington, WA Stanwood, WA
    Former Bank Building with Drive-Through
    $1,995,000
    10,660 SF

    Former Bank Building with Drive-Through

    8801 Tacoma Way, Lakewood, WA 98499

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

    • Architecturally distinctive former bank building with dramatic 20‑foot ceilings and classic mid‑century modern design.
    • High‑visibility location at a signalized intersection on high‑traffic S. Tacoma Way.
    • Large 4,376 SF main level with open, light‑filled space suitable for various uses.
    • 1,908 SF mezzanine overlooking the main floor, ideal for offices or creative workspace.
    • Includes two drive‑through lanes.
    Updated: Oct 31, 2025
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    Fully Occupied Retail Strip Investment
    $1,097,000

    Fully Occupied Retail Strip Investment

    12134 Pacific Hwy SW, Lakewood, WA 98499

    Three-unit retail strip on Pacific Highway with NNN leases.

    • Fully occupied 3‑unit retail strip on HIGH‑TRAFFIC Pacific Highway.
    • Anchored by two established restaurants and a smoke shop.
    • All units under triple net leases (NNN).
    • 5‑year leases with 3% annual rent increases.
    • High visibility and parking availability.
    Updated: Apr 17, 2024
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    Established Restaurant Business Opportunity
    $530,000

    Established Restaurant Business Opportunity

    Well-established Lakewood restaurant with loyal clientele, great location.

    15029 W Thorne Lane SW, Lakewood, WA 98498
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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 3 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bank Building on Tacoma Way
    $1,995,000
    10,584 SF

    Former Bank Building on Tacoma Way

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

    8801 South Tacoma Way, Tacoma, WA 98499
    View details
    Iconic University Place Cafe Building
    $1,295,000
    7,263 SF

    Iconic University Place Cafe Building

    Prime retail property near Chambers Bay with development potential.

    2912 27th St W, University Place, WA 98466
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    Turn-Key Restaurant Ready For Sale
    $1,700,000
    5,634 SF

    Turn-Key Restaurant Ready For Sale

    Restaurant with hood, grease trap, kitchen equipment, and bar.

    2122 Mildred Street W, University Place, WA 98466
    View details
    Developable Land in Lakewood
    $395,000
    0.19 Acres

    Developable Land in Lakewood

    Developable land in a high-traffic retail corridor, ideal for drive-through.

    9120 Bridgeport Way SW, Tacoma, WA 98467
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Home Depot
    Contact for pricing
    22,216 SF

    Commercial Land Near Home Depot

    0.48 acre commercial land near major retailers.

    Tacoma, WA 98445
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    Auburn Commercial Development Opportunity
    $850,000
    0.20 Acres

    Auburn Commercial Development Opportunity

    8,640 SF commercial lot in Auburn's core.

    509 C Street SW, Auburn, WA 98001
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    Commercial Land Near Home Depot
    Contact for pricing
    62,291 SF

    Commercial Land Near Home Depot

    1.98 AC commercial land near major retailers and restaurants.

    901 Grady Way, Renton, WA 98055
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    Land Near Highway Access
    $1,500,000
    3.23 Acres

    Land Near Highway Access

    3.23 acres of commercial land with development potential.

    21st Ave SW, Federal Way, WA 98003
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    Off-Market Properties in Lakewood, WA

    Consider similar Off-Market properties in Lakewood, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10509 Bridgeport SW Way
    RESTAURANT
    1,200 SF Lot: 0.24 Acres
    Value Estimation by Request

    10509 Bridgeport SW Way, Lakewood, WA 98499-4805

    View details
    1714 To 1716th 6th Ave
    RESTAURANT
    1,292 SF Lot: 0.16 Acres
    Estimated value
    $1,900,000

    1714 To 1716th 6th Ave, Lakewood, WA 98496

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    15116 Un SW Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,834 SF Lot: 0.84 Acres
    Estimated value
    $1,730,000

    15116 Un SW Ave, Lakewood, WA 98498-2045

    View details
    8201 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,587 SF Lot: 0.36 Acres
    Estimated value
    $550,000

    8201 Steilacoom SW Blvd, Lakewood, WA 98498-6156

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    5901 100th SW St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,682 SF Lot: 0.64 Acres
    Value Estimation by Request

    5901 100th SW St, Lakewood, WA 98499-2731

    View details
    4710 Pacific SW St
    RESTAURANT
    2,454 SF Lot: 0.38 Acres
    Value Estimation by Request

    4710 Pacific SW St, Lakewood, WA 98499

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    2402 112th S St
    RESTAURANT
    2,000 SF Lot: 0.57 Acres
    Value Estimation by Request

    2402 112th S St, Lakewood, WA 98499

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    5213 Tacoma Way
    RESTAURANT
    1,824 SF Lot: 0.06 Acres
    Value Estimation by Request

    5213 Tacoma Way, Lakewood, WA 98409-4318

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    15029 Thorne SW Ln
    RESTAURANT
    1,158 SF Lot: 0.21 Acres

    15029 Thorne SW Ln, Lakewood, WA 98498-2055

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    9124 Veterans SW Dr
    RESTAURANT
    1,500 SF Lot: 0.60 Acres
    Estimated value
    $760,000

    9124 Veterans SW Dr, Lakewood, WA 98498-2571

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    7421 Custer W Rd
    RESTAURANT
    2,204 SF Lot: 0.25 Acres
    Estimated value
    $555,000

    7421 Custer W Rd, Lakewood, WA 98499-7942

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    8814 Tacoma Way
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,340 SF Lot: 0.41 Acres
    Estimated value
    $1,630,000

    8814 Tacoma Way, Lakewood, WA 98499-4578

    View details
    12115 Pacific SW Hwy
    RESTAURANT
    1,673 SF Lot: 0.17 Acres
    Value Estimation by Request

    12115 Pacific SW Hwy, Lakewood, WA 98499-1017

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    8624 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    858 SF Lot: 0.43 Acres
    Value Estimation by Request

    8624 Steilacoom SW Blvd, Lakewood, WA 98498-4710

    View details
    7605 Steilacoom SW Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,022 SF Lot: 0.47 Acres
    Value Estimation by Request

    7605 Steilacoom SW Blvd, Lakewood, WA 98498-6168

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    10706 Bridgeport SW Way
    RESTAURANT
    2,020 SF Lot: 0.48 Acres
    Estimated value
    $820,000

    10706 Bridgeport SW Way, Lakewood, WA 98499-4833

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    14911 Un SW Ave
    RESTAURANT
    2,805 SF Lot: 0.11 Acres
    Value Estimation by Request

    14911 Un SW Ave, Lakewood, WA 98498-2249

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    8504 Hipkins SW Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,358 SF Lot: 0.38 Acres
    Value Estimation by Request

    8504 Hipkins SW Rd, Lakewood, WA 98498-4626

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    11521 Bridgeport SW Way
    RESTAURANT
    10,762 SF Lot: 0.75 Acres
    Estimated value
    $930,000

    11521 Bridgeport SW Way, Lakewood, WA 98499-3041

    View details
    14815 Un SW Ave
    RESTAURANT
    2,980 SF Lot: 0.23 Acres
    Estimated value
    $575,000

    14815 Un SW Ave, Lakewood, WA 98498-2247

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    8920 Tacoma Way
    RESTAURANT
    8,787 SF Lot: 1.66 Acres
    Estimated value
    $2,280,000

    8920 Tacoma Way, Lakewood, WA 98499-4460

    View details

    Lakewood, WA Restaurants Investment Opportunities Market Analysis

    Explore 64 restaurants for sale in Lakewood, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,660 square feet of properties for sale, with an estimated market value of $1,995,000.

    Sale prices for restaurant properties in Lakewood, WA start at $1,995,000, averaging $1,995,000, and reaching up to $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Conventional restaurants 2

    Property Size Breakdown

    The majority of commercial real estate listings in Lakewood fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 95K
    Population Growth (5Y) +4.7%
    Median Household Income $72,989
    College Educated 15.9%

    High-Yield Neighborhoods for Investment

    Identify Lakewood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98498 $530K
    98499 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $12.73 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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