16701 Pacific Avenue S in Spanaway
| Listing ID: | 2545556 (Commercial) |
|---|---|
| Listing Price: | $950,000 |
| Days on Market: | 9 |
Details | |
| Lot Size: | 0.31 acre (13,500 sqft) |
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.
This listing is provided courtesy of NWMLS, contributed by Keller Williams Realty PS.
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