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Listing courtesy of NWMLS / Northmarq Commercial, LLC

10240 Bridgeport Way SW

Lakewood, WA 98499

– beds
– baths
– sqft
~1 acre lot
2005 build

We are pleased to present Town Centre Village, a premier investment opportunity in Lakewood, WA. This offering includes 2 well-maintained buildings: a 41,072SF mixed-use property comprising 33 residential units and 9 commercial spaces with frontage along Bridgeport Way, and a 6,932SF 4-Plex featuring 2 & 3 bedroom units. Ample parking is offered, including 40 surface spaces, 31 gated spaces, and 16 gated and covered spaces. With the potential to increase rental income by approximately 11% through minor renovations and rent adjustments to market rates, Town Centre Village presents a compelling value-add opportunity. The commercial component is currently 83% occupied, with the majority of tenants secured under long-term NNN leases.

Listing courtesy of NWMLS / Northmarq Commercial, LLC

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# 2349285 —

The Building

Year Built:

2005
New Construction:

false
Structure Type:

Multi Family
Roof:

Flat
Exterior Features:

Wood
Units In Building Total:

46
# of Units Total:

46
Stories Total:

3
Building Area Units:

Square Feet
Construction Materials:

Wood

Interior

Flooring:

Vinyl Plank
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.163857
Longitude:

-122.507269
Directions:

Take exit 125 from I-5 S; Turn Right onto Bridgeport Way SW; in 0.9 mi, destination will be on the left.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

5400000541
Lot Features:

Corner Lot, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

1.3625
Lot Size SqFt:

59350
Lot Size Source:

County
View:

false
Waterfront:

false
Additional Parcels Description:

540000-0610
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

92705

The Listing

Special Listing Conditions:

Bank Or REO, None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Heat Pump

Utilities

Water Company:

Lakewood
Water Source:

Public
Sewer:

Septic Tank, Sewer Connected
Sewer Company:

Pierce County
Power Company:

Lakeview
Water Sewer Garbage:

87093

Schools

Elementary School:

Tyee Park Elem
Middle Or Junior School:

Lochburn Mid
High School:

Clover Park High
High School District:

Clover Park

The Community

Subdivision Name:

Clover Park
Amenities:

Storage
Senior Community:

false
Association:

false

Parking

Parking Total:

87
Parking Uncovered Spaces:

40
Open Parking:

true
Open Parking Spaces:

40
Carport Spaces:

16
Carport:

false

Listing courtesy of NWMLS / Northmarq Commercial, LLC

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Mar 26 2025 07:54 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Listed / Active	NWMLS	$11,750,000

Multifamily For Sale

– Foreclosure

$11,750,000

Listing provided by broker:

Brendan Greenheck

Northmarq Commercial, LLC

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This multifamily located in Downtown Lakewood, Lakewood, WA 98499 is currently for sale for $11,750,000. 10240 Bridgeport Way SW is a – square foot multifamily with – beds and – baths. 10240 Bridgeport Way SW is in the Downtown Lakewood neighborhood of Lakewood and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Hudtloff Middle School, Tyee Park Elementary School, Clover Park Early Learning Program, and Clover Park High School.

Listing courtesy of NWMLS / Northmarq Commercial, LLC

Disclaimer: The information contained in this listing has not been verified by Northmarq Commercial, LLC and should be verified by the buyer.