2912 27Th Street Ct W University Place, WA 98466
Prime retail property near Chambers Bay with development potential.
Property size:
7,263 SFProperty Features for 2912 27Th Street Ct W
General Information
- Size
- 7,263 SF
Building Details
- Year built
- 1953
Source:
Corcoran
Listing Agent: Mark Hulen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Iconic University Place Cafe Building
The iconic Pine Cone Cafe building is located in the heart of University Place near Chambers Bay. A Phase I and II environmental report noted "no additional investigation..." and the reports are available for review. Newer upgrades include 3 mini splits and a TPO membrane roof installed in 2020. Heating is provided by a commercial gas/electric rooftop package unit and wall-mounted electrical heaters. There is a 120 square foot space with a bathroom, currently used as storage, that could be developed. All other units are rented. The property includes 40 parking spaces and has high walkability. Check with the city of University Place regarding proposed apartments to be built nearby, which could generate a sizable uptick in visitors to the building's businesses. The property size is 7263 square feet. This is a great opportunity to own a sweet part of University Place history. The property is suitable for coffee shops, restaurants, retail properties, storefront properties, and individual retail properties.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Places Nearby
Teaspoon
Location Insight
- Map
- Local Demand
- City
- University Place
- County
- Pierce
- State
- Washington
- Longitude
- -122.554046
- Latitude
- 47.234499
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - Prime retail property near Chambers Bay with development potential.
Where is this coffee shop located?
The property is located at 2912 27Th Street Ct W University Place, WA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: - High walkability and 40 parking spaces.; - All units currently rented (see Rent Roll).; - Located in the heart of University Place near Chambers Bay.