17106 Pacific Ave S, Spanaway, WA 98387
For Sale
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This exceptional Spanaway, WA property, located at 17106 Pacific Ave S, presents a unique owner-user or redevelopment opportunity. The 3,080 square foot restaurant building, situated on a substantial 49,860 square foot lot, boasts a prime location with 79 feet of frontage on Pacific Ave S. Built in 1957 and extensively renovated in 2021, the restaurant is turn-key and ready for immediate operation. The 2021 renovation included a complete remodel and the installation of a brand-new septic system and drain field—the largest permitted system for the site. All fixtures, furniture, and equipment are included in the sale price of $2,300,000. Ample parking is provided with 56 spaces available. The property consists of three parcels (APN: 5025003760, 5025003680, 5025003691) and offers the flexibility of being sold individually, providing various investment options. This property is zoned for retail and land use and presents a compelling opportunity for a savvy investor or restaurant operator seeking a well-established and updated location in a thriving community. The zip code is 98387, and the property is located in Pierce County, Washington.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUD · Spanaway, WASpanaway. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.