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Lacey Shoe Repair 4221 Pacific Ave SE 7,900 SF 100% Leased Retail Building Lacey, WA 98503 $1,399,000 ($177.09/SF)
Executive Summary
ICONIC LACEY COMMERCIAL PROPERTY - Three separate buildings. Lacey Shoe Repair in the main building with an amazing 2BR residential remodeled unit above. Another Large Separate Building in front with current tenants (with 2 car garage), and a stand alone Small House behind with cute yard. Monthly income of $7,500 (and another space currently unrented, which could get another ~$2,000/month). Many development possibilities at this high traffic exposure corner!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,900 SF
Building Class
B
Year Built
1930
Price
$1,399,000
Price Per SF
$177.09
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.44 AC
Opportunity Zone
Yes
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11820121800 | Improvements Assessment | $408,300 |
| Land Assessment | $386,300 | Total Assessment | $794,600 |
Property Taxes
Parcel Number
11820121800
Land Assessment
$386,300
Improvements Assessment
$408,300
Total Assessment
$794,600
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Lacey Shoe Repair | 4221 Pacific Ave SE