7902 27th Street W, University Place, WA 98466

University Place
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: steve fischer, taylor wyman
Office: northmarq multifamily, llc.
MLS#:2524225
Source:NWMLS
7902 27th Street W,University Place, WA 98466
$3,300,000
  • - Beds
  • - Baths
  • 15,400 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,300,000
  • Price per sq. ft.:$214.29

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:2524225
  • Updated:June 29, 2026 at 04:43 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Plank
  • Living area:15,400 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Building area:15,400 sq. ft.
  • Lot area:0.63 Acres
  • Lot Features:Corner, Paved, Sidewalk
  • Construction Materials:Brick Exterior Finish, Stucco Exterior Finish, Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,300,000
  • Price per sq. ft.:$214.29
  • Tax amount:$35,148 (2026)

Parking

  • Total parking spaces:38
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