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    University Place, WA
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    University Place, WA Restaurants for Sale

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    Tacoma, WA Pasco, WA Fife, WA
    Iconic University Place Cafe Building
    $1,295,000
    7,263 SF

    Iconic University Place Cafe Building

    2912 27th St W, University Place, WA 98466

    Prime retail property near Chambers Bay with development potential.

    • High walkability and 40 parking spaces.
    • All units currently rented (see Rent Roll).
    • Located in the heart of University Place near Chambers Bay.
    • Newer upgrades: 3 mini splits and TPO membrane roof installed in 2020.
    • 120 sq ft space with bathroom available for development.
    Updated: Apr 24, 2025
    View details
    Turn-Key Restaurant Ready For Sale
    $1,700,000
    5,634 SF

    Turn-Key Restaurant Ready For Sale

    2122 Mildred Street W, University Place, WA 98466

    Restaurant with hood, grease trap, kitchen equipment, and bar.

    • Turn‑key restaurant ready for owner or investor.
    • Includes hood, grease trap, kitchen equipment, and bar.
    • Great central retail location on busy Mildred Street.
    • Located on the University Place - Tacoma border.
    • Plenty of parking available.
    Updated: Mar 11, 2025
    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in University Place, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Bank Building with Drive-Through
    $1,995,000
    10,660 SF

    Former Bank Building with Drive-Through

    Unique mid-century modern building suitable for retail, restaurant, or office.

    8801 Tacoma Way, Lakewood, WA 98499
    View details
    Multi-Tenant Building Near Tacoma Dome
    $2,200,000
    5,648 SF

    Multi-Tenant Building Near Tacoma Dome

    Multi-tenant building and parking lot near Tacoma Dome for sale.

    409-411 East 26th Street, Tacoma, WA
    View details
    Multi-Tenant Building Near Tacoma Dome
    $2,200,000
    5,648 SF

    Multi-Tenant Building Near Tacoma Dome

    Stabilized, multi-tenant building and parking lot near Tacoma Dome.

    409 26th Street, Tacoma, WA 98421
    View details
    Fully Occupied Retail Strip Investment
    $1,097,000

    Fully Occupied Retail Strip Investment

    Three-unit retail strip on Pacific Highway with NNN leases.

    12134 Pacific Hwy SW, Lakewood, WA 98499
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Home Depot
    Contact for pricing
    22,216 SF

    Commercial Land Near Home Depot

    0.48 acre commercial land near major retailers.

    Tacoma, WA 98445
    View details
    Auburn Commercial Development Opportunity
    $850,000
    0.20 Acres

    Auburn Commercial Development Opportunity

    8,640 SF commercial lot in Auburn's core.

    509 C Street SW, Auburn, WA 98001
    View details
    Land Near Highway Access
    $1,500,000
    3.23 Acres

    Land Near Highway Access

    3.23 acres of commercial land with development potential.

    21st Ave SW, Federal Way, WA 98003
    View details
    Commercial Land Near Home Depot
    Contact for pricing
    62,291 SF

    Commercial Land Near Home Depot

    1.98 AC commercial land near major retailers and restaurants.

    901 Grady Way, Renton, WA 98055
    View details

    Off-Market Properties in University Place, WA

    Consider similar Off-Market properties in University Place, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3922 Bridgeport W Way
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,458 SF Lot: 0.48 Acres
    Estimated value
    $2,170,000

    3922 Bridgeport W Way, University Place, WA 98466-4418

    View details
    4040 Bridgeport W Way
    DRIVE-THRU RESTAURANT, FAST FOOD
    Lot: 0.55 Acres
    Estimated value
    $2,705,000

    4040 Bridgeport W Way, University Place, WA 98466-4399

    View details
    4324 Bridgeport W Way
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,840 SF Lot: 0.92 Acres
    Estimated value
    $1,200,000

    4324 Bridgeport W Way, University Place, WA 98466-4321

    View details
    5915 Hannah Pierce W Rd
    RESTAURANT
    264 SF Lot: 0.36 Acres
    Value Estimation by Request

    5915 Hannah Pierce W Rd, University Place, WA 98467-3527

    View details
    8305 27th W St
    RESTAURANT
    1,888 SF Lot: 0.21 Acres
    Value Estimation by Request

    8305 27th W St, University Place, WA 98466-2752

    View details
    2110 Mildred W St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,354 SF Lot: 0.52 Acres
    Value Estimation by Request

    2110 Mildred W St, University Place, WA 98466-6136

    View details
    2122 Mildred W St
    RESTAURANT
    4,922 SF Lot: 0.78 Acres

    2122 Mildred W St, University Place, WA 98466-6136

    View details
    3802 Bridgeport W Way
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,690 SF Lot: 0.69 Acres
    Estimated value
    $520,000

    3802 Bridgeport W Way, University Place, WA 98466-4416

    View details
    3819 Bridgeport W Way
    RESTAURANT
    4,866 SF Lot: 0.34 Acres
    Estimated value
    $600,000

    3819 Bridgeport W Way, University Place, WA 98466-4415

    View details
    7104 27th W St
    RESTAURANT
    4,800 SF Lot: 0.87 Acres
    Value Estimation by Request

    7104 27th W St, University Place, WA 98466-4624

    View details
    7011 27th W St
    RESTAURANT
    4,432 SF Lot: 0.49 Acres
    Value Estimation by Request

    7011 27th W St, University Place, WA 98466-5214

    View details
    2102 Mildred W St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,429 SF Lot: 0.78 Acres
    Value Estimation by Request

    2102 Mildred W St, University Place, WA 98466-6136

    View details

    University Place, WA Restaurants Investment Opportunities Market Analysis

    Explore 14 restaurants for sale in University Place, WA on our real estate platform. These investment opportunities span a total of 12,897 square feet of properties for sale, with an estimated market value of $2,995,000.

    Sale prices for restaurant properties in University Place, WA start at $1,295,000, averaging $1,497,500, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Coffee shops 2
    Turn key restaurants 1

    Demographics Overview

    Population 46K
    Population Growth (5Y) +0.9%
    Median Household Income $93,265
    College Educated 41.0%

    High-Yield Neighborhoods for Investment

    Identify University Place submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Tacoma - 98466 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $7.83 per sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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