12134 Pacific Hwy SW
Lakewood WA 98499-1085

Royal Commercial Retail Building - 12134

12134 Pacific Hwy SW Lakewood WA 98499-1085

Listing #: 706896 | Status: Available | Last Modified: 4/30/2026 |

For Sale
Rafael Ojeda
  • Phone:(253) 576-9547
  • Email:rafaelojeda@johnlscott.com
  • Office Name:Talent Real Estate LLC
  • Office Phone:(253) 964-7700
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 999,910.0
  • $/SF$ 342.9
  • Listing StatusAvailable
  • Days on Market116
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income61,104
  • Vacancy Factor %0.00%
  • Operating Expenses5,814
  • Net Operating Income55,290
  • CAP Rate 5.53 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units3
  • # of Elevators
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF2916
  • Net Rentable Area2916
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF11971
  • Acres0.27
Property Type
  • Property TypeRetail
  • Office TypeMulti-Tenant
  • InvestmentYes
  • Building ClassC
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaLakewood
  • Tax ID #0219114164
  • Additional Parcels
  • ZoningC1
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1941
  • Year Renovated1986
  • Completion Date
  • Roof TypeFlat, Torch Down
  • Construction TypeFramed, Wood

Equity Title & Escrow

Public Comments

Income Property w/excellent potential & huge signage on busy street along side I-5. Near newer Comfort Inn, other hotels, Joint Base Lewis McChord, Madigan Army Hospital St Claire Hospital and LKWD Towne Centre. Long term tenants all NNN. Two Parcels! 5 parking stalls. Tenants pay for Signage Parking lot maintenance. Building include ADA ramps.

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Restaurant

Listing Images