7912 27th ST W Active

University Place,WA 98466

$ 1295000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision University Place

MLS Listing ID 2358634

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

Exterior

Exterior Feature Cement/Concrete,Metal/Vinyl

Roof Type See Remarks

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out,Conventional,Owner Financing

Listing Terms Cash Out,Conventional,Owner Financing

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