This is the iconic Pine Cone Cafe Building in University Place. 5 units rented & 1 unit for owner storage. Owner upgrades include a new TPO membrane roof installed in 2020. Prime location in a vibrant growing community. Situated on 27th Street West between Bridgeport and Grandview in University Place, close to Chambers Bay & everything UP. There are 38 parking spaces. The city installed new sidewalks which add to the beauty & walkability in the 27th Street Business District. Heating for building are two commercial gas/electric rooftop package units, 2 mini-split & baseboard/wall mounted electrical heaters. Additional 120 sq ft space could be developed (has a bathroom) currently not rented used as owner storage.
Discover the perfect opportunity to own a thriving Mediterranean restaurant! Nestled in a high-visibility location with bustling traffic, this well-established restaurant offers a stable customer base and a reputation for excellence. The restaurant features a gorgeous kitchen with top-notch equipment, a cozy dining area, and options for takeout and delivery, along with a stylish bar perfect for enhancing the dining experience and increasing revenue. Buyer to verify all information.
This 2-story Meadow Park Commercial Condo is in the perfect location for your thriving business! Located conveniently between University Place & Lakewood, it's close to freeways & major arterials. Adjacent units occupied by high caliber professionals such as attorneys, dentists, physicians, counselors, and insurance brokers. Highly attractive business park, providing excellent visibility in a high traffic corridor plus plenty of parking as well. Excellent condition. Brand new roof. Gas furnace with heat pump, 5 private offices, reception area, 2 bathrooms, plenty of storage, 2242 sq. ft. Attractive owner financing. This unit is currently occupied by a high profile law firm. Why rent when you can own? Solid investment in a great location!
The median home value in University Place, WA is $626,250. This is higher than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in University Place, WA is $626,250. Approximately 56.06% of University Place homes are owned, compared to 38.94% rented, while 5.01% are vacant. University Place real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a University Place real estate agent to arrange a tour today!
University Place, Washington has a population of 34,565. University Place is more family-centric than the surrounding county with 35.06% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in University Place, Washington is $84,673. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in University Place is 37.5 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41 inches per year, with 2.9 inches of snow per year.