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16701 Pacific Ave S
Spanaway, WA 98387
TJs Pub · Retail Property For Sale

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
2,479 SF
Building Class
C
Year Built
1950
Price
$950,000
Price Per SF
$383.22
Business Value
$850,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
UCOR - UCOR
Parking
16 Spaces (6.45 Spaces per 1,000 SF Leased)
Frontage
150’ on Pacific Ave S

Amenities

  • Corner Lot
  • Restaurant

About 16701 PACIFIC AVE S , SPANAWAY, WA 98387

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.

Property Taxes

Property Taxes

Parcel Number
502500-1870
Land Assessment
$438,900
Improvements Assessment
$152,700
Total Assessment
$591,600
  • Listing ID: 41113852

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 16701 Pacific Ave S, Spanaway, WA 98387

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