10240 Bridgeport Way SW
Lakewood WA 98499
10240 Bridgeport Way
10240 Bridgeport Way SW Lakewood WA 98499
Listing #: 707316 | Status: Available | Last Modified: 4/15/2026 |
For Sale
- Phone:(206) 250-9655
- Email:reid@westlakeassociates.com
- Office Name:Westlake Associates, Inc.
- Office Phone:(206) 505-9400
- Office Website:
- Agent Phone:(206) 909-4347
- Agent Email:aj@westlakeassociates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 10,250,000.0
- $/SF$ 214.1
- $/Unit$ 10,250,000.0
- Listing StatusAvailable
- Days on Market105
- Asset ClassRetail, Multi-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income1,039,676
- Vacancy Factor %5.00%
- Operating Expenses396,962
- Net Operating Income590,730
- CAP Rate 6.27 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- CAP Rate 6.27 %
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units50
- # of Elevators1
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF48577
- Net Rentable Area47872
- Total Office SF
- Largest Contiguous SF
- Lot SF59713
- Acres1.37
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location DescriptionJust south of Lakewood Towne Center Mall
- Second Address
- Cross StreetFilbert and Bridgeport Way SW
- Market AreaLakewood
- Tax ID #5400000541
- Additional Parcels5400000610
- ZoningNC2
- # Covered Spaces0
- # Uncovered Spaces67
- Total Parking Spots67
- Parking Ratio
- Year Built2005
- Year Renovated2017
- Completion Date
- Roof Type
- Construction TypeWood
Town Centre Village in Lakewood For Sale
Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an o
37 apartment units and 9 commercial spaces.
Mixed Use
