7902 27th ST W, University Place, WA 98466
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Becca McInnis

Becca McInnis

+1(253) 282-8111
Listed by:Northmarq Multifamily, LLC • Steve Fischer
$ 3,300,000
Est. payment | /mo

15 Beds

19 Baths

15,400 SqFt

Save
$ 3,300,000
Est. payment | /mo
Save

15 Beds

19 Baths

15,400 SqFt

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

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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7902 27th ST W