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    University Place, WA
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    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.
    View details
    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
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Renovated Retail Tap House
    Renovated Retail Tap House

    4328 6th Ave, Tacoma, WA 98406

    $1,350,000
    3,500 sqft

    Renovated tap house on Tacoma’s vibrant 6th Avenue.

    View details
    Restaurant Building with Highway Access
    Restaurant Building with Highway Access

    6501 6th Ave, Tacoma, WA 98406

    $1,650,000
    5,736 sqft

    Restaurant building with real estate included, located near major businesses.

    View details
    Two-Tenant Retail Building
    Two-Tenant Retail Building

    2303 N Pearl St, Tacoma, WA 98406

    Contact for pricing

    Freestanding retail pad occupied by Starbucks and MOD Pizza within an established anchored shopping-center setting.

    View details
    Shopping Center with Drive-Through
    Shopping Center with Drive-Through

    2303-2505 N Pearl St, Tacoma, WA 98406

    Contact for pricing

    Neighborhood retail center with a Starbucks drive-thru, MOD Pizza pad building, and established daily-needs retailers nearby.

    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

    $2,015,000
    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

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

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

    $310,000
    Estimated value
    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

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

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

    $455,000
    Estimated value
    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

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

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

    $355,000
    Estimated value
    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

    $395,000
    Estimated value
    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 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 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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