MLS: #NWM2524225, Listed By: Steve Fischer, Northmarq Multifamily, LLC, Source:NWMLS - Northwest Multiple Listing Service
7902 27th Street
University Place, WA 98466
0
Bed
0
Bath
15,400Sqft
0.63Acre(Lot)
Prestige Center is a well-located 19-unit mixed-use building with 10 apartments and 9 ground-floor commercial suites totaling ~15,400 SF on a 27,600 SF lot. The building sits on a corner lot just off Bridgeport Way — University Place's primary retail corridor — offering strong visibility, prominent storefront exposure, and 38 surface parking stalls at a 2.0/unit ratio. The residential component features five one-bedrooms averaging 700 SF and five two-bedrooms averaging 900 SF — generously sized for vintage product in the submarket. The commercial component consists of 9 suites ranging from 800 to 1,000 SF, 100% leased to established local operators.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Vinyl Plank, Carpet Construction Materials: Brick, Stucco, Wood -
Heating & Cooling
Heating: Forced Air Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 1961 -
Exterior Features
Brick, Stucco, Wood Construction Materials: Brick, Stucco, Wood Foundation Details: Poured Concrete, Slab
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Lot Information
Lot Description: Corner Lot, Paved, Sidewalk Lot Square Feet: 27600 Lot Acres: 0.6336Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$3300000
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Tax Information
Annual Tax: $35148 Tax Year: 2026 Parcel Number: 9180200510
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Parking Information
Total Parking: 38
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Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: University Place City: University Place Direction: From I-5 in either direction, take Exit 129 for WA-512 W toward Lakewood/Puyallup and merge onto WA-512 W, continuing for approximately 3 miles. Take the exit for Bridgeport Way W, then turn right and
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1911 -1915 Willow Lane, University Place, WA, 98466 | $1,000,000 | -- | -- | 3,548 | 3,548 SqFt |
| 1917 -1919 Willow Lane, University Place, WA, 98466 | $1,000,000 | -- | -- | 3,548 | 3,548 SqFt |
| 3023 Bridgeport Way #B, University Place, WA, 98466 | $879,000 | -- | -- | 3,500 | 3,500 SqFt |
Similar Multifamily To 7902 27th Street
Nearby For Sale
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ByOwner last updated this listing 07/03/2026 @ 06:20
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