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.
| MLS # | 2545556 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 69 |
| Listing Provided By | Keller Williams Realty PS | Tory Mayfield |
| Zoning | Business,Commercial |
|---|---|
| Acreage | 0.31 |
| State | WA |
|---|---|
| County | Pierce |
| City | Spanaway |
| Zip Code | 98387 |
| Area | 99 Spanaway |
| Community Name | Tacoma |
| Listing VS Median (in Tacoma) | |
Price: $950,000 low | high Med: $499,999 On site: 69 low | high Med: 206 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Spanaway |
| Zip Code | 98387 |
| Area | 99 Spanaway |
| Community Name | Tacoma |
| Listing VS Median (in Tacoma) | |
Price: $950,000 low | high Med: $499,999 On site: 69 low | high Med: 206 | |