Property Details
14718 Union Avenue SW
Lakewood, WA 98498
$519,000
Pending Inspection
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Property Overview
Turnkey, fully remodeled commercial building on a high-visibility corner lot in the heart of Lakewood. Perfect for owner-users or investors, this property features highly flexible NC2 zoning, permitting professional office, medical, wellness, retail, or live-work uses. The modern interior features high-end finishes, granite countertops, updated systems, 7 private offices, 2 conference rooms, 2 bathrooms, and 2 kitchenettes. Currently a single-suite layout, the building is already equipped with 2 separate meters, allowing for an easy two-suite conversion by simply closing off a small section. Outside, the property boasts prominent signage opportunities and rare, abundant on-site parking with approximately 20 spaces. This parking advantage is further enhanced by a valuable easement encumbering the adjacent parcel, providing exceptional flexibility and future redevelopment leverage. Strategically located with rapid access to JBLM, Tacoma, DuPont, and Olympia, this highly adaptable asset is move-in ready and positioned for significant long-term upside.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Pending Inspection
County
Pierce
Neighborhood
Tillicum
Listed
Apr 8, 2026
Original Price
$529,000
Parcel Number
2200002212
Building & Use
Year Built
1951
Exterior & Lot
Lot Size
0.24 sqft
Year Built
1951
Community & Access
Directions
Take exit 122A-122B from I-5 S, Use the 2nd from the right lane to take exit 122A-122B toward Thorne Ln/JBLM Logistics Gate – Drive to Union Ave SW – Head North on Union Ave SW to the property.
Location
City
Lakewood
County
Pierce
Coordinates
47.12375, -122.55060
Additional Information
Possession
Array
Based on information submitted to the MLS GRID as of July 22, 2026 1:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
