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    Lakebay, WA
    Retail

    Lakebay, WA Retail Space for Sale

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    Key Center Retail Opportunity
    Updated: Mar 23, 2025
    Key Center Retail Opportunity

    15610 Olson Drive NW, Lakebay, WA 98349

    $1,080,000
    3,926 sqft
    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.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    15610 Olson Drive NW, Lakebay, WA 98349

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    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $486K
      Suggested

    • Last Sold

      Nov 2021
      $950K

    • Property Type

      Retail Stores
      Built 1962
    View Property Analytics
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Lakebay, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 1 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.

    Gig Harbor Flex Space Available
    Gig Harbor Flex Space Available

    11901 137th Ave NW, Gig Harbor, WA 98329

    Contact for pricing
    2,999 sqft 2.38 AC lot

    Office, retail, and flex spaces available in Gig Harbor.

    View details
    Gig Harbor Flex Space Available
    Gig Harbor Flex Space Available

    11901 137th Ave NW, Gig Harbor, WA 98329

    Contact for pricing
    24,473 sqft

    Office, retail, and flex spaces for sale in Gig Harbor.

    View details
    3.3 AC IOS Yard
    3.3 AC IOS Yard

    6820 27th St W, University Place, WA 98466

    Contact for pricing
    143,748 sqft 4.66 AC lot

    3.3 AC IOS Yard for sale or lease.

    View details
    Mixed-Use Center with Apartments
    Mixed-Use Center with Apartments

    7902 27th Street W, University Place, WA 98466

    Contact for pricing

    Bavarian-style mixed-use complex with 10 apartments, 9 retail suites, and an onsite cell phone tower.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    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.

    1309 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    $1,145,000
    Estimated value
    4,104 sqft 0.73 AC lot
    View details
    15605 Olson NW Dr
    RETAIL STORES (PERSONAL SERVICES)

    15605 Olson NW Dr, Lakebay, WA 98349-9529

    $600,000
    Estimated value
    2,276 sqft 0.25 AC lot
    View details
    15610 Olson NW Dr
    RETAIL STORES (PERSONAL SERVICES)

    15610 Olson NW Dr, Lakebay, WA 98349-9529

    $930,000
    Estimated value
    3,926 sqft 0.92 AC lot
    View details
    8912 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    2,175 sqft 0.57 AC lot
    View details
    8908 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,600 sqft 0.56 AC lot
    View details
    1304 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,200 sqft 1.69 AC lot
    View details
    5514 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    3,024 sqft 20.70 AC lot
    View details
    8914 Key Peninsula NW Hwy
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,500 sqft 0.42 AC lot
    View details

    Lakebay, WA Retail Space Market Trends and Statistics

    Explore 9 retail space 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 retail space in Lakebay, WA average $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
    Storefront properties 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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