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High-Traffic Automotive/Retail Opportunity
For Sale
$2,300,000
Pending

16002 Pacific Ave S, Spanaway, WA 98387

Prominent exposure and functional space on a high-traffic corridor.

Property SizeContact for details
Days on Market317

Property Features for 16002 Pacific Ave S

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1978
Listing Agency: KIDDER MATHEWS
Listed By: BRUCE BARKER · License #22027044
Source: Corcoran
Added: Nov 13, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

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 KIDDER MATHEWS

Investment Insights

Based on property information with market context.

Located along a high-traffic corridor in Pierce County, the property at 16002 Pacific Avenue South presents an opportunity for automotive, retail, or service-oriented businesses. The building was formerly a car showroom and garage, featuring an open display area, multiple service bays, and expansive glass frontage. Pacific Avenue (SR-7) connects Spanaway, Parkland, and Tacoma. The area has experienced demographic and commercial growth, with population increases, residential development, and proximity to Joint Base Lewis-McChord driving demand for retail and service properties.

Key Highlights

  • High‑traffic location on Pacific Avenue (SR‑7) in Pierce County.
  • Suitable for automotive, retail, or service‑oriented businesses.
  • Formerly a car showroom and garage with service bays.

Property Analytics

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Current Use

Showrooms

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby
169k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 37% Home Improvements & Furnishings 10% Shops & Services 9%
Safeway Groceries
41,009 visits/mo 0.2 miles
Albertsons Groceries
33,470 visits/mo 0.5 miles
Wendy's Dining
21,547 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
16,225 visits/mo 0.3 miles
Starbucks Dining
14,137 visits/mo 0.3 miles

Demographics for 98387, WA

51,630
Population
17,151
Households
3
Avg Household Size
35
Median Age
17%
College-Educated
91%
High-School Grad
26.6 sq mi
ZIP Area
1,941
Density / Sq Mi
$101,141
Median Household Income
$54,167
Median Earnings
$1,837
Median Rent
$424,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • U-Haul Neighborhood Dealer — 132 162nd St S, Spanaway, WA 98387
  • Dimmples car rental — 815 161st St Ct E, Spanaway, WA 98387
  • U-Haul Moving & Storage of Spanaway — 15315 Pacific Ave S, Tacoma, WA 98444
  • Propane Refill at U-Haul — 15315 Pacific Ave S, Tacoma, WA 98444
  • Trailer Rental at U-Haul — 15315 Pacific Ave S, Tacoma, WA 98444

Frequently Asked Questions

What type of property is this?
Automotive property - Prominent exposure and functional space on a high-traffic corridor.
Where is this automotive property located?
The property is located at 16002 Pacific Ave S Spanaway, WA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High‑traffic location on Pacific Avenue (SR‑7) in Pierce County.; Suitable for automotive, retail, or service‑oriented businesses.; Formerly a car showroom and garage with service bays.
More about this property
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