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Browse More Listings in Retail For Sale, University Place, WA or Washington

Retail Property For Sale

Cheers West

7104 27th St W, University Place, WA 98466

Price:
$1,800,000
Building Size:
9,446 SF
Price/SF:
$190.56
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with 5 years left on lease
Commission Split:
2.5%
Occupancy:
65%
No. Stories:
2
Tenancy:
Multiple
Year Built:
1985
Lot Size:
37,897 SF
Tax ID / APN #:
9435000014
Find Out More...

Last Verified 11/3/2009 Listing ID 15863226

Description

Have Appraisal support documents on hand to verify gross building area is 9,446 sq.st. / 9,041 net rentable area (taxes show 7,349 sq.ft.). Just extensively remodeled. Upstairs rented out as a Sportsbar (approx. $8,600/mo. 5 yr term & 2 5-yr options). Zoned LI-BP (light industrial/Business Park). Upstairs Walk-in cooler & Pizza-Oven belong to the building and not to the upstairs business.

Property dimensions 180' x 180' w/setbacks only 35 ft. to 27th Street W. & 25 ft to Rochester St. W. - no setbacks on the 2 other sides. Allowable building height of 40 ft.

Map of 7104 27th St W, University Place, WA 98466 (Pierce County)

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Created 8/22/2008

Additional Information for 7104 27th Street W, University Place, WA 98466

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 7104 27th St W, University Place, WA 98466

Nearby Retail properties for saleSearch all commercial real estate for sale

Sunrise Center - Buildings C & D
$4,320,000
42,573 SF
Taco Del Mar
$199,500
1,100 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

UP CROSSING
$18.00/SF/Year
1,275 - 3,900 SF
BRIDGEPORT LANDING
$20.00/SF/Year
1,000 - 2,250 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 3Q 2005
Restaurant
Sold 1Q 2006
Free Standing Bldg
Sold 2Q 2008
Retail (Other)
Sold 4Q 2007
Retail (Other)
Sold 1Q 2004

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Cheers West

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