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Listed by:Keller Williams Realty PS • Tory Mayfield
$950,000
Est. payment /mo
0.31 Acres Lot
New
16701 Pacific AVE S Spanaway, WA 98387
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Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Subdivision Tacoma
MLS Listing ID 2545551
Lot Size 0.310 Acres
Property Sub-Type Business Opportunity
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
Fireplace false
Others
Senior Community No
Acceptable Financing Cash, Conventional, SBA
Listing Terms Cash, Conventional, SBA

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