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Listed by:Northmarq Multifamily, LLC • Steve Fischer
$ 3,300,000
Est. payment /mo
New
7902 27th ST W University Place, WA 98466
15 Beds
19 Baths
15,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $214
Subdivision University Place
MLS Listing ID 2524225
Style 56 - 10+ Units
Bedrooms 15
Year Built 1961
Annual Tax Amount $35,148
Lot Size 0.634 Acres
Property Sub-Type Multi Family
Property Description
Prestige Center is a well-located 19-unit mixed-use building with 10 apartments and 9 ground-floor commercial suites totaling ~15,400 SF on a 27,600 SF lot. The building sits on a corner lot just off Bridgeport Way — University Place's primary retail corridor — offering strong visibility, prominent storefront exposure, and 38 surface parking stalls at a 2.0/unit ratio. The residential component features five one-bedrooms averaging 700 SF and five two-bedrooms averaging 900 SF — generously sized for vintage product in the submarket. The commercial component consists of 9 suites ranging from 800 to 1,000 SF, 100% leased to established local operators.
Location
State WA
County Pierce
Area 32 - University Place
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Stucco, Wood
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District University Place
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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