9805 Gravelly Lake DrLakewood, WA 98499

For Sale
$1,950,000

Prime Lakewood location, 54,014 SF, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional redevelopment opportunity encompasses a four-parcel, 1.24-acre corner lot situated at 9805 Gravelly Lake Dr SW, Lakewood, WA 98499. The property boasts a total of 54,014 square feet and comprises three buildings currently configured as an auto shop, warehouse, and office building. The asking price is $1,950,000, translating to $36.10 per square foot. This prime location offers excellent street frontage on the corner of Lake Grove and Gravelly Lake Drive, providing exceptional visibility and accessibility. The property's CBD zoning in Pierce County allows for a wide range of uses, including retail, commercial, and multifamily development, making it an ideal canvas for a diverse array of projects. Its proximity to local transit and employment centers further enhances its appeal and potential for significant return on investment. This unique offering presents a rare chance to capitalize on Lakewood's thriving marketplace and burgeoning growth. The latitude and longitude coordinates are 47.16843854, -122.52039451 respectively.

Highlights

  • 1.24-acre corner lot redevelopment opportunity in Lakewood, WA.
  • 54,014 square foot site with three existing buildings (auto shop, warehouse, office).
  • Asking price: $1,950,000 ($36.10/SF).
  • Excellent visibility and accessibility due to prime corner location on Lake Grove and Gravelly Lake Drive.
  • CBD zoning allows for diverse uses including retail, commercial, and multifamily.

Property Details for 9805 Gravelly Lake Dr

Property type
Other warehouses, Other retail properties
Square Feet
54,014 SF
Buildings
3

Location Insight

City
Lakewood
County
Pierce
State
Washington
Latitude
47.16843854
Longitude
-122.52039451
9805 Gravelly Lake Dr, Lakewood, Washington

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9805 Gravelly Lake Dr
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