James & Angie Smith

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Listing provided courtesy of Westlake Associates, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2530631MLS Provider

22659 Pacific Hwy SDes Moines, WA 98198

Commercial · 0.69 Acres
$2,395,000 Pending

22659 Pacific Hwy S Overview

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This rare infill asset consists of a 1998 construction 11,514 sq ft highway fronting office building together with a single-family residence and duplex on the same parcel, delivering diversified income streams in a high-visibility corridor. The property also sits on a large 29,959 SF lot zoned PR-C (Pacific Ridge Commercial) offering unique redevelopment opportunities.

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22659 Pacific Hwy S Facts & Features

  • Type Commercial
  • Lot 0.69 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 13000
  • Gross Scheduled Income: 230878
  • Insurance Expense: 5819
  • Net Operating Income: 143671
  • Total Expenses: 75663
  • Water/Sewer/Garbage: 27156

Building Information

  • Year Built: 1998

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 120 - Des Moines/Redondo
  • Subdivision Name: Des Moines

Tax Information

  • Tax Annual Amount: $29,688.00

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2500600050
  • Possible Use: Office,Residential
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 11514
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.6878
  • Lot Size Square Feet: 29959
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Building Exterior/Construction

  • Structure Type: Office

General Information

  • Carport: No
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

22659 Pacific Hwy S Neighborhood

Community

98198 (Des Moines) Demographics

37
Median Age
4,460
Population Density (per sq. mile)
37%
College Educated
$66,938
Estimated Median Income
7,729
Estimated Total Home Owners
6,694
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

22659 Pacific Hwy S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

22659 Pacific Hwy S Market Data

Based on the last 30 days in this zip code

$637,818
Average List Price
$365
Average Price per Square Foot
31
Properties Sold
50
Average Days on Market
123
Properties for Sale
Calculations provided by Reliance Network

22659 Pacific Hwy S History

Date Event Value Agent
6/22/2026Source: NWMLS Status Change
Pending
5/27/2026Source: NWMLS Added to Database
May 27, 2026