For Sale
$1,495,000

5920 100Th StLakewood, WA 98499

7,428 SF Office, Updated 2017

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 7,428 square foot Class B executive office building presents a unique owner-user opportunity in Lakewood, WA's central business district (Lakewood CBD). Located at 5920 100th St SW, 98499, this property, built in 1964 and extensively renovated in 2017, boasts a flexible layout ideal for a variety of uses. The 2017 renovations encompassed the roof, HVAC system, interior finishes, and bathrooms, ensuring modern functionality and efficiency. The building currently houses a mix of retail and office tenants on month-to-month leases, offering immediate occupancy potential for an owner-user seeking anywhere from 446 to 7,428 square feet. An existing tenant, Beyler Consulting, is open to downsizing and renewing their lease, providing further flexibility. The property's APN is 5135000030 and 5135000011. The asking price is $1,495,000. Annual HOA fees are approximately $6,420 (based on $535/month for 2024), covering garbage removal, evening security, and common area maintenance, including parking lots, landscaping, and lighting. This presents a compelling investment opportunity for businesses seeking a prime location with significant upside potential.

Highlights

  • $1,495,000 asking price for a 7,428 square foot Class B office building.
  • Located at 5920 100th St SW, Lakewood, WA 98499, in the Lakewood CBD, with APN 5135000030 and 5135000011.
  • Built in 1964 and renovated in 2017, including roof, HVAC, finishes, and bathrooms.
  • Ideal owner-user opportunity with flexible suite sizes; existing tenants are on month-to-month leases.
  • Approximate $535 monthly HOA fee covering garbage, security, parking lot, landscaping, and lighting maintenance.

Property Details for 5920 100Th St

Property type
Office properties
Square Feet
7,428 SF
Class
B
Year Built/Renovated
1964/2017

Location Insight

City
Lakewood
County
Pierce
State
Washington
Latitude
47.1659739
Longitude
-122.5162406
5920 100Th St, Lakewood, Washington

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5920 100Th St
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