Lakebay, WA
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    Lakebay, WA Retail Properties & Spaces for Sale

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    Longbranch, WA Tacoma, WA Shelton, WA
    Prime Corner Lot on Peninsula
    $1,080,000
    0.92 Acres
    Prime Corner Lot on Peninsula

    15610 92nd St KPN, Lakebay, WA

    One-acre corner lot suitable for various commercial developments.
    • Prime one‑acre corner lot in a highly desirable Key Peninsula location.
    • High‑visibility frontage on Key Peninsula Highway, ideal for commercial ventures.
    • Versatile zoning allows for diverse development options: urgent care, daycare, hotel, retail, office, residential, or mixed‑use.
    • Existing structure includes a spacious retail area and three additional spaces with private entrances.
    • Excellent accessibility and high traffic location, offering significant development or expansion potential.
    Updated: Nov 24, 2025
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    Key Center Retail Opportunity
    $1,080,000
    3,926 SF
    Key Center Retail Opportunity

    15610 Olson Drive NW, Lakebay, WA 98349

    Retail space in Key Center, former restaurant and bar.
    • Prime retail corner location in Key Center.
    • Across the street from Key IGA.
    • Central to the Key Peninsula market area.
    • Suitable for restaurant, day care, or food service.
    • Former restaurant and bar space.
    Updated: Mar 23, 2025
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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 2 Active listings in Lakebay, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 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.

    Established Auto Repair Business Opportunity
    $1,450,000
    3,488 SF
    Established Auto Repair Business Opportunity

    Profitable auto repair business and real estate for sale.

    9707 Key Peninsula Hwy NW, Gig Harbor, WA

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    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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    Historic Commercial Property in Key Center
    $450,000
    6,583 SF
    Historic Commercial Property in Key Center

    Two-story commercial building with office and storage space for sale.

    15420 92nd St KP N, Gig Harbor, WA 98349

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    3.3 AC IOS Yard
    $4,750,000
    143,748 SF
    3.3 AC IOS Yard

    3.3 AC IOS Yard for sale or lease.

    6820 27th St W, University Place, WA 98466

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    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.

    Key Peninsula Commercial Land Opportunity
    $299,000
    Key Peninsula Commercial Land Opportunity

    Commercial land with development potential on Key Peninsula Highway.

    12125 N Key Peninsula Highway #1, Gig Harbor, WA 98329

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    Port Orchard Vacant Land
    $285,000
    5.00 Acres
    Port Orchard Vacant Land

    5+ acre vacant lot with utilities in Port Orchard.

    8985 Southwest Lake Flora Road, Bremerton, WA 98312

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    Tacoma Land for Commercial Development
    $2,550,000
    1.00 Acre
    Tacoma Land for Commercial Development

    Nearly one acre of MUD-zoned land ideal for development.

    1148 72nd Street E, Tacoma, WA 98404

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    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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    Off-Market Properties in Lakebay, WA

    Consider similar Off-Market properties in Lakebay, 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.

    15607 Olson NW Dr
    RESTAURANT
    800 SF Lot: 0.11 Acres
    Value Estimation by Request

    15607 Olson NW Dr, Lakebay, WA 98349-9529

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    1309 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    4,104 SF Lot: 0.73 Acres
    Estimated value
    $1,145,000

    1309 Key Peninsula NW Hwy, Lakebay, WA 98349-9606

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    15605 Olson NW Dr
    RETAIL STORES (PERSONAL SERVICES)
    2,276 SF Lot: 0.25 Acres
    Estimated value
    $600,000

    15605 Olson NW Dr, Lakebay, WA 98349-9529

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    15610 Olson NW Dr
    RETAIL STORES (PERSONAL SERVICES)
    3,926 SF Lot: 0.92 Acres
    Estimated value
    $930,000

    15610 Olson NW Dr, Lakebay, WA 98349-9529

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    1509 Key Peninsula NW Hwy
    RESTAURANT
    2,130 SF Lot: 0.47 Acres
    Value Estimation by Request

    1509 Key Peninsula NW Hwy, Lakebay, WA 98349-9384

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    1315 Key Peninsula NW Hwy
    CONVENIENCE STORE (W/FUEL PUMP)
    1,552 SF Lot: 0.64 Acres
    Value Estimation by Request

    1315 Key Peninsula NW Hwy, Lakebay, WA 98349-9606

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    8912 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    2,175 SF Lot: 0.57 Acres
    Value Estimation by Request

    8912 Key Peninsula NW Hwy, Lakebay, WA 98349-8522

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    9016 154th Ave NW Ct
    RESTAURANT
    3,840 SF Lot: 0.75 Acres
    Value Estimation by Request

    9016 154th Ave NW Ct, Lakebay, WA 98349-9574

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    8908 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    1,600 SF Lot: 0.56 Acres
    Value Estimation by Request

    8908 Key Peninsula NW Hwy, Lakebay, WA 98349-9326

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    1304 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    1,200 SF Lot: 1.69 Acres
    Value Estimation by Request

    1304 Key Peninsula NW Hwy, Lakebay, WA 98349-9606

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    5514 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    3,024 SF Lot: 20.70 Acres
    Value Estimation by Request

    5514 Key Peninsula NW Hwy, Lakebay, WA 98349-9622

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    15611 Olson NW Dr
    RESTAURANT
    3,277 SF Lot: 0.30 Acres
    Value Estimation by Request

    15611 Olson NW Dr, Lakebay, WA 98349-9529

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    8914 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)
    1,500 SF Lot: 0.42 Acres
    Value Estimation by Request

    8914 Key Peninsula NW Hwy, Lakebay, WA 98349-9326

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    5401 Waterfront Drb-210
    VEHICLE SALES, RENTALS
    882 SF
    Value Estimation by Request

    5401 Waterfront Drb-210, Lakebay, WA 98349

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    5401 Waterfront Dra-138
    VEHICLE SALES, RENTALS
    656 SF
    Value Estimation by Request

    5401 Waterfront Dra-138, Lakebay, WA 98349

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    2120 91st Ave We-2
    VEHICLE SALES, RENTALS
    816 SF
    Value Estimation by Request

    2120 91st Ave We-2, Lakebay, WA 98349

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    Lakebay, WA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 18 retail properties & spaces for sale in Lakebay, WA on our real estate platform. These investment opportunities span a total of 3,926 square feet of properties for sale, with an estimated market value of $1,080,000.

    Sale prices for stores in Lakebay, WA start at $1,080,000, averaging $1,080,000, and reaching up to $1,080,000 — 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

    Commercial property segments ranked by active listings on the market

    Shopping centers 1

    Demographics Overview

    Population 6,853
    Population Growth (5Y) +32.4%
    Median Household Income $100,678
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    98349 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.72%
    Property Tax per SF $17.19 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

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