Restaurants

University Place, WA Restaurants for Sale

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Iconic University Place Cafe Building
Updated: Apr 24, 2025
Iconic University Place Cafe Building

2912 27th St W, University Place, WA 98466

$1,295,000
7,263 sqft
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.
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Turn-Key Restaurant Ready For Sale
Updated: Mar 11, 2025
Turn-Key Restaurant Ready For Sale

2122 Mildred Street W, University Place, WA 98466

$1,700,000
5,634 sqft
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.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

Corner Commercial Parcel with Espresso Stand
Corner Commercial Parcel with Espresso Stand

34049 Military Road S, Auburn, WA 98001

$1,100,000
0.39 AC lot

Corner parcel with an operating espresso stand and a former auto retail shop building in Auburn.

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Multi-Tenant Building Near Tacoma Dome
Multi-Tenant Building Near Tacoma Dome

409-411 East 26th Street, Tacoma, WA

$2,200,000
5,648 sqft 0.45 AC lot

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

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Multi-Tenant Building Near Tacoma Dome
Multi-Tenant Building Near Tacoma Dome

409 26th Street, Tacoma, WA 98421

$2,200,000
5,648 sqft

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

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Outlet Collection Retail Opportunities
Outlet Collection Retail Opportunities

1101 Outlet Collection Way SW, Auburn, WA

Contact for pricing
50,000 sqft 93.27 AC lot

Retail, restaurant, and anchor spaces available at Outlet Collection.

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
Commercial Land Near Home Depot

Tacoma, WA 98445

Contact for pricing
22,216 sqft 0.48 AC lot

0.48 acre commercial land near major retailers.

View details
Zoned Commercial Land Development Site
Zoned Commercial Land Development Site

509 C Street SW, Auburn, WA 98001

$850,000
0.20 AC lot

Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

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Commercial Land Near Home Depot
Commercial Land Near Home Depot

901 Grady Way, Renton, WA 98055

Contact for pricing
62,291 sqft 1.98 AC lot

1.98 AC commercial land near major retailers and restaurants.

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Commercial Arterial Zoned Land
Commercial Arterial Zoned Land

4325 NE Sunset Blvd, Renton, WA 98059

$2,000,000

Commercial land suitable for various developments, flexible seller terms.

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

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

$2,170,000
Estimated value
2,458 sqft 0.48 AC lot
View details
4040 Bridgeport W Way
DRIVE-THRU RESTAURANT, FAST FOOD

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

$2,705,000
Estimated value
0.55 AC lot
View details
4324 Bridgeport W Way
DRIVE-THRU RESTAURANT, FAST FOOD

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

$1,200,000
Estimated value
3,840 sqft 0.92 AC lot
View details
5915 Hannah Pierce W Rd
RESTAURANT

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

Value Estimation by Request
264 sqft 0.36 AC lot
View details
8305 27th W St
RESTAURANT

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

Value Estimation by Request
1,888 sqft 0.21 AC lot
View details
2110 Mildred W St
DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request
2,354 sqft 0.52 AC lot
View details
2122 Mildred W St
RESTAURANT

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

Value Estimation by Request
4,922 sqft 0.78 AC lot
View details
3802 Bridgeport W Way
DRIVE-THRU RESTAURANT, FAST FOOD

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

$520,000
Estimated value
2,690 sqft 0.69 AC lot
View details
3819 Bridgeport W Way
RESTAURANT

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

$600,000
Estimated value
4,866 sqft 0.34 AC lot
View details
7104 27th W St
RESTAURANT

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

Value Estimation by Request
4,800 sqft 0.87 AC lot
View details
7011 27th W St
RESTAURANT

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

Value Estimation by Request
4,432 sqft 0.49 AC lot
View details
2102 Mildred W St
DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request
2,429 sqft 0.78 AC lot
View details

University Place, WA Restaurants Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

Coffee shops 1
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 average 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 SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

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