7902 27th Street W, University Place, WA 98466

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 2:20AM

Listing Office:

Northmarq Multifamily, LLC : 952-356-0100

Listing Agent:

Steve Fischer : 952-356-0100

MLS ID:

2524225

Interior

• Flooring: Vinyl PlankCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: BrickStuccoWood
• Parking: Parking spaces: 38

Construction

• Roofing: Composition
• General: 56 - 10+ UnitsPoured ConcreteSlab

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: University Place
• County: Pierce

Lot

• Zoning: 9180200510

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls