Former Restaurant with Multiple
For Sale
$1,459,293
1402 South Meridian, Puyallup, WA 98371
Former restaurant building with multiple ingress and egress along an established medical and hospitality corridor.
Property Size2,760 SF
Price / SF$528.73
Days on Market135
Property Features for 1402 South Meridian
General Information
Standard status
Active
Size
2,760 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
CBRE
(253) 596-0028
Listed By:
Ketner Sheean · License #WA34175
(253) 596-0028
Source:
Cbre
Added: Apr 11
Changed: Aug 23
Last Checked: Aug 22 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE
Investment Insights
Based on property information with market context.
This property is a former restaurant site with multiple ingress and egress, offering flexible access points for customer flow. It is positioned within an established corridor that includes medical, multi-family, and hotel uses.
Located at the SR-512 to Highway 161 (Meridian) off-ramp, the site is adjacent to the Washington State Fairgrounds and Good Samaritan Hospital. South Hill Mall is approximately 1.4 miles away, and the broader area includes a mix of retail and entertainment anchored by a Regal Movie Theater.
The asset’s configuration supports straightforward re-tenanting as a food and beverage concept, while the multiple access points can also be helpful for operational flexibility depending on the incoming use.
Located at the SR-512 to Highway 161 (Meridian) off-ramp, the site is adjacent to the Washington State Fairgrounds and Good Samaritan Hospital. South Hill Mall is approximately 1.4 miles away, and the broader area includes a mix of retail and entertainment anchored by a Regal Movie Theater.
The asset’s configuration supports straightforward re-tenanting as a food and beverage concept, while the multiple access points can also be helpful for operational flexibility depending on the incoming use.
Key Highlights
- Former restaurant building with multiple ingress/egress along an established medical and hospitality corridor
- Located at the SR‑512 to Highway 161 (Meridian) off‑ramp
- Adjacent to the Washington State Fairgrounds and Good Samaritan Hospital
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,374
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 35%
Hotels & Casinos 18%
Starbucks
Dining
17,630 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,307 visits/mo
0.3 miles
Hampton Inn & Suites Puyallup
Hotels & Casinos
4,353 visits/mo
0.1 miles
AMPM
Shops & Services
2,568 visits/mo
0.1 miles
Fairfield Inn & Suites by Marriott Tacoma Puyallup
Hotels & Casinos
2,443 visits/mo
0.1 miles
Demographics for 98371, WA
23,965
Population
9,937
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.8 sq mi
ZIP Area
2,031
Density / Sq Mi
$97,290
Median Household Income
$53,957
Median Earnings
$1,654
Median Rent
$515,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant building with multiple ingress and egress along an established medical and hospitality corridor.
Where is this conventional restaurant located?
The property is located at 1402 South Meridian Puyallup, WA.
What is the asking price?
The asking price for this property is $1,459,293.
What are key features of this property?
This property features: Former restaurant building with multiple ingress/egress along an established medical and hospitality corridor; Located at the SR‑512 to Highway 161 (Meridian) off‑ramp; Adjacent to the Washington State Fairgrounds and Good Samaritan Hospital
