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10240 Bridgeport Way SW, Lakewood, WA, 98499

55beds
52baths
48,214sqft
$9,500,000
$197price/sqft
$60,726/moest. monthly cost
$2,429,040/yrincome needed

About This Home

Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an on-site daycare, salon, and café—enhancing both tenant demand and long-term stability. Ideally positioned along high-visibility Bridgeport Way SW, the property offers immediate access to I-5, Tacoma, and Joint Base Lewis-McChord, with Lakewood Towne Center’s retail and dining options just minutes away. The Lakewood Transit Center is located under two miles from the site, further strengthening commuter appeal.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

4/10
5/10
3/10
Clover Park High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Composition,Flat
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 2017

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 55
  • Bathrooms: 52

Features

  • Flooring: Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 48,214
  • Total interior livable area: 48,214 sqft

Property

Details

  • Parcel number: 5400000541
  • Zoning description: Commercial,Multi-Family,Jurisdiction: County
  • Special condition: Standard

Lot

  • Lot size: 1.36 Acres
  • Features: Corner Lot,Curbs,Paved,Sidewalk,Fenced-Partially,Gated Entry

Parking

  • Total spaces: 87
  • Covered spaces: 16
  • Uncovered spaces: 71
  • Carport spaces: 16