16701 Pacific AVE S, Spanaway, WA 98387
16701 Pacific AVE S, Spanaway, WA 98387
16701 Pacific AVE S, Spanaway, WA 98387
16701 Pacific AVE S, Spanaway, WA 98387
16701 Pacific AVE S, Spanaway, WA 98387
16701 Pacific AVE S, Spanaway, WA 98387
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:Keller Williams Realty PS • Tory Mayfield
$ 950,000
Est. payment | /mo

0.31 Acres Lot

Save
$ 950,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 2545556

Style 60 - Comm Bldg Und 10K

Year Built 1939

Lot Size 0.310 Acres

Lot Dimensions 85 150 150 84

Property Sub-Type Commercial Industrial

Property Description

Rare owner-operator & value-add investment opportunity to acquire both the business & real estate of a long-established neighborhood bar occupying a highly visible, signalized corner at Pacific Ave/SR-7 & 167th Street. If your vision is to own a bar, acquiring a comparable corner location and developing a new establishment from the ground up would require significant time, capital, permitting, utilities, construction, equipment, licensing & considerable uncertainty. Instead, capitalize on the existing infrastructure by breathing new life into an established business with meaningful upside through operational improvements, modernization and an enhanced food, beverage, gaming & customer experience. If your aspirations don't involve owning a bar, the existing business provides the opportunity to operate an established income-producing use while pursuing your long-term vision for this exceptional commercial asset on one of Pierce County's busiest & most visible commercial corridors. Whether your plan is to maximize the existing operation, reposition the business, lease it to an operator, or capitalize on the long-term value of this premier commercial corner, opportunities combining real estate, business, infrastructure & location are becoming increasingly difficult to find. While you can remodel a building & rebrand a business, you cannot recreate this location. Business & real estate to be sold together. Show by appointment only. Please do not disturb employees or patrons.

Location

State WA

County Pierce

Area 99 - Spanaway

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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16701 Pacific AVE S