Bought with Better Properties Real Estate
$1,000,000
$1,295,000
22.8%For more information regarding the value of a property, please contact us for a free consultation.
7912 27th ST W University Place, WA 98466
0.5 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision University Place
MLS Listing ID 2358634
Sold Date 07/29/25
Style 61 - Comm Bldg Ovr 10K
Year Built 1953
Annual Tax Amount $15,955
Lot Size 0.502 Acres
Property Sub-Type Commercial Industrial
Property Description
Phase I & II ENVIROMENTAL REPORT noted "no additional investigation..." (reports available for review). Iconic Pine Cone Cafe Bldg. is located in the heart of all things UP/Chambers Bay. Check w/city of UP about the proposed apartments to be built nearby which could generate a sizable uptick in visitors to the building's businesses. Newer upgrades include: 3 mini splits & TPO membrane roof installed in 2020. Additional heating: commercial gas/electric rooftop package unit, & wall mounted electrical heaters. There is a 120 sq ft space could be developed (has a bathroom) currently used as storage. All other units rented (see Rent Roll for more info.) 40 parking spaces, high walkability. Great opportunity to own a sweet part of UP history.
Location
State WA
County Pierce
Area 32 - University Place
Interior
Flooring Concrete, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Metal/Vinyl
Roof Type See Remarks
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.