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Listed by Better Properties N. Proctor
$ 1,295,000
Est. payment /mo
New
7912 27th ST W University Place, WA 98466
0.5 Acres Lot
UPDATED:
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
Interior Features Concrete, Laminate, Laminate Tile, Wall to Wall Carpet
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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.