Mixed-Use Center with
For Sale
$3,300,000
7902 27th St W, University Place, WA 98466
Bavarian-style mixed-use complex with 10 apartments, 9 retail suites, and an onsite cell phone tower.
Property SizeContact for details
Days on Market136
Property Features for 7902 27th St W
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1961
Listing Agency:
NORTHMARQ MULTIFAMILY LLC
(206) 505-9435
Listed By:
STEVE FISCHER · License #87455
Source:
Corcoran
Added: Apr 10
Changed: Aug 23
Last Checked: Aug 22 at 2:01PM
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 NORTHMARQ MULTIFAMILY LLC
Investment Insights
Based on property information with market context.
The Prestige Center is a Bavarian-style mixed-use complex featuring 10 apartments and 9 commercial retail suite spaces. The commercial suites are occupied by long-tenured businesses, supporting a stabilized tenant base. The property also includes an onsite cell phone tower that provides additional income.
The complex is located in quiet University Place and is described as having ongoing income from both the residential and commercial components, along with the tower revenue. This is presented as a turn-key offering with established occupancy.
Overall, the asset combines residential income with multiple retail suite occupants and an additional tower income stream within one mixed-use property.
The complex is located in quiet University Place and is described as having ongoing income from both the residential and commercial components, along with the tower revenue. This is presented as a turn-key offering with established occupancy.
Overall, the asset combines residential income with multiple retail suite occupants and an additional tower income stream within one mixed-use property.
Key Highlights
- Bavarian‑style mixed‑use complex with 10 apartments and 9 commercial suite spaces
- Commercial suites are occupied by long‑tenured businesses, supporting a stable tenant base
- Onsite cell phone tower generates $1,777/mo in additional income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 98466, WA
29,769
Population
12,773
Households
2.3
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
6.2 sq mi
ZIP Area
4,801
Density / Sq Mi
$94,598
Median Household Income
$53,823
Median Earnings
$1,724
Median Rent
$564,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Bavarian-style mixed-use complex with 10 apartments, 9 retail suites, and an onsite cell phone tower.
Where is this mixed-use property located?
The property is located at 7902 27th St W University Place, WA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Bavarian‑style mixed‑use complex with 10 apartments and 9 commercial suite spaces; Commercial suites are occupied by long‑tenured businesses, supporting a stable tenant base; Onsite cell phone tower generates $1,777/mo in additional income
