University Place, WA
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    University Place, WA Retail Properties & Spaces for Sale

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    Tacoma, WA Fife, WA Federal Way, 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
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    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
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    3.3 AC IOS Yard
    $4,750,000
    143,748 SF
    3.3 AC IOS Yard

    3.3 AC IOS Yard for sale or lease.

    6820 27th St W, University Place, WA 98466

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in University Place, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

    Lakewood Retail Property on Bridgeport
    $975,000
    0.43 Acres
    Lakewood Retail Property on Bridgeport

    Retail space with frontage in established Lakewood retail corridor.

    7214 Bridgeport Way W, Lakewood, WA 98499

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    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

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    Lakewood Retail Space For Sale
    $975,000
    264 SF
    Lakewood Retail Space For Sale

    Retail space with frontage in established Lakewood retail corridor.

    7214 Bridgeport Way W, Lakewood, WA 98499

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    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

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    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.

    Tacoma Land for Commercial Development
    $2,550,000
    1.00 Acre
    Tacoma Land for Commercial Development

    Nearly one acre of MUD-zoned land ideal for development.

    1148 72nd Street E, Tacoma, WA 98404

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    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

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    High-Visibility Commercial Mixed-Use Lot
    $450,000
    0.49 Acres
    High-Visibility Commercial Mixed-Use Lot

    Prime commercial lot with high visibility and development potential.

    1725 Meridian Avenue E, Edgewood, WA 98371

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    Key Peninsula Commercial Land Opportunity
    $299,000
    Key Peninsula Commercial Land Opportunity

    Commercial land with development potential on Key Peninsula Highway.

    12125 N Key Peninsula Highway #1, Gig Harbor, WA 98329

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    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

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    4002 Bridgeport W Way
    CONVENIENCE STORE (W/FUEL PUMP)
    1,296 SF Lot: 0.43 Acres
    Estimated value
    $1,930,000

    4002 Bridgeport W Way, University Place, WA 98466-4399

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    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

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    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

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    1905 Bridgeport W Way
    SHOPPING CENTER, STRIP CENTER
    13,857 SF Lot: 0.69 Acres

    1905 Bridgeport W Way, University Place, WA 98466-4846

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    5510 Orch W St
    SHOPPING CENTER, STRIP CENTER
    5,680 SF Lot: 0.93 Acres
    Estimated value
    $2,850,000

    5510 Orch W St, University Place, WA 98467-3691

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    5502 Orch W St
    SHOPPING CENTER, STRIP CENTER
    6,400 SF Lot: 0.36 Acres
    Estimated value
    $2,850,000

    5502 Orch W St, University Place, WA 98467-3600

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    1921 Mildred W St
    RETAIL STORES (PERSONAL SERVICES)
    4,560 SF Lot: 0.73 Acres
    Estimated value
    $1,320,000

    1921 Mildred W St, University Place, WA 98466-6132

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    7924 40th W St
    RETAIL STORES (PERSONAL SERVICES)
    2,032 SF Lot: 0.21 Acres
    Value Estimation by Request

    7924 40th W St, University Place, WA 98466-3119

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    3147 Bridgeport W Way
    AUTO REPAIR, GARAGE
    3,960 SF Lot: 0.88 Acres
    Estimated value
    $2,660,000

    3147 Bridgeport W Way, University Place, WA 98466-4519

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    2310 Mildred W St
    SHOPPING CENTER, STRIP CENTER
    8,175 SF Lot: 4.57 Acres
    Value Estimation by Request

    2310 Mildred W St, University Place, WA 98466-6036

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    7315 27th W St
    SHOPPING CENTER, STRIP CENTER
    11,280 SF Lot: 1.03 Acres
    Estimated value
    $2,400,000

    7315 27th W St, University Place, WA 98466-4608

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    8319 27th W St
    RETAIL STORES (PERSONAL SERVICES)
    4,416 SF Lot: 1.29 Acres
    Estimated value
    $6,280,000

    8319 27th W St, University Place, WA 98466-2752

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    8312 27th W St
    RETAIL STORES (PERSONAL SERVICES)
    1,056 SF Lot: 0.04 Acres
    Value Estimation by Request

    8312 27th W St, University Place, WA 98466-2750

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    7912 27th W St
    RETAIL STORES (PERSONAL SERVICES)
    4,383 SF Lot: 0.50 Acres
    Estimated value
    $515,000

    7912 27th W St, University Place, WA 98466-3405

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    3303 12th Bridgeport W Way
    AUTO REPAIR, GARAGE
    1,000 SF Lot: 0.76 Acres
    Estimated value
    $540,000

    3303 12th Bridgeport W Way, University Place, WA 98466-4520

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    3143 Bridgeport W Way
    RETAIL STORES (PERSONAL SERVICES)
    6,075 SF Lot: 0.45 Acres
    Value Estimation by Request

    3143 Bridgeport W Way, University Place, WA 98466-4519

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    7902 27th W St
    RETAIL STORES (PERSONAL SERVICES)
    7,897 SF Lot: 0.63 Acres
    Estimated value
    $2,735,000

    7902 27th W St, University Place, WA 98466-3401

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    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

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    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

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    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

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    University Place, WA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in University Place, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 156,645 square feet of properties for sale, with an estimated market value of $7,745,000.

    Sale prices for stores in University Place, WA start at $1,295,000, averaging $2,581,666, and reaching up to $4,750,000 — 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

    Storefront properties 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 $2.6M

    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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