Restaurants

University Place, WA Restaurants for Sale

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Tacoma, WA Fife, WA Fircrest, WA Federal Way, WA Ruston, WA Lakewood, WA Milton, WA Puyallup, WA
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.
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 18 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

Opportunities in Nearby Cities

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

Chinese Restaurant with Full Bar
Chinese Restaurant with Full Bar

2800 Milton Way 4a, Milton, WA 98354

$180,000
3,500 sqft

Established dining operation with a fully equipped kitchen, beverage service, and takeout and delivery channels.

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Chinese Restaurant With Full Bar
Chinese Restaurant With Full Bar

4a-2800 Milton Way, Milton, WA 98354

$180,000
3,500 sqft

Established restaurant with a fully equipped kitchen, beverage service, and takeout and delivery operations.

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Breakfast Restaurant with Bar
Breakfast Restaurant with Bar

3832 S Pine St, Tacoma, WA 98409

Contact for pricing
4,176 sqft

The offering combines an established restaurant business with the real estate.

View details
Freestanding Restaurant with Patio
Freestanding Restaurant with Patio

6501 6th Ave, Tacoma, WA 98406

Contact for pricing
5,736 sqft

Freestanding restaurant includes multiple dining rooms, bar area, covered patio, and a newly installed roof.

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

Estimated value:
$2,015,000
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

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

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

Estimated value:
$1,200,000
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

Estimated value:
$285,000
264 sqft 0.36 AC lot
View details
8305 27th W St
RESTAURANT

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

Estimated value:
$310,000
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

Estimated value:
$465,000
2,354 sqft 0.52 AC lot
View details
2122 Mildred W St
RESTAURANT

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

Estimated value:
$455,000
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

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

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

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

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

Estimated value:
$450,000
4,800 sqft 0.87 AC lot
View details
7011 27th W St
RESTAURANT

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

Estimated value:
$355,000
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

Estimated value:
$395,000
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
Conventional restaurants 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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