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7902 27th St W
Tacoma, WA 98466
Prestige Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,553 SF
Building Class
C
Year Built
1961
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.57
Lot Size
0.63 AC
Zoning
C1
Parking
38 Spaces (2.09 Spaces per 1,000 SF Leased)
Frontage
85’ on 27th St W

Amenities

  • Bus Line
  • Signage

About 7902 27TH ST W , TACOMA, WA 98466

The Prestige Center, located in the quiet University Place area, is a Bavarian style mixed-use complex with 10 apartments and 9 commercial suite spaces. The commercial suites are occupied by long tenured businesses making for a very stable tenant base. In addition, there is a cell phone tower onsite yielding an addition $1,847/mo in income. This stabilized asset is turn key, providing great yield, but still offers an investor further upside in rental income. University Place is home to 31,500 residents with many locations offering stunning views of the Olympic Mountains draping over the picturesque Puget Sound. Recently, University Place was home to the US Open at Chamber's Bay Golf Course

Property Taxes

Property Taxes

Parcel Number
918020-0510
Land Assessment
$743,600
Improvements Assessment
$1,389,900
Total Assessment
$2,133,500
  • Listing ID: 15569970

  • Date on Market: 3/28/2019

  • Last Updated:

  • Address: 7902 27th St W, Tacoma, WA 98466

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