Exceptional opportunity in the heart of University Place! Situated on a highly visible corner along Bridgeport Way, this unique property offers outstanding flexibility for investors, developers, medical or professional office users, and Adult Family Home operators. The 1,824 square foot building sits on a 7,122 square foot lot with mixed-use zoning and features six spacious private rooms, three bathrooms (one full, one ¾, and one half), a kitchen space, dining area, living room area, laundry space, and storage. Whether you're exploring an Adult Family Home, professional office, adaptive reuse, or future mixed-use redevelopment that allows up to a 45 foot building height, this property offers a variety of possibilities (buyer to verify all intended uses and development potential with the City of University Place). The property is ready for its next chapter and offers an excellent opportunity for buyers to renovate and customize the existing structure to suit their vision. Conveniently located near shopping, dining, parks, and major commuter routes, this is a rare opportunity to renovate, repurpose, or redevelop in one of University Place's most desirable corridors.
| MLS # | 2566352 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 27 |
| Listing Provided By | Keller Williams Realty PS | Cheryl Farnham |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,824 |
| Story(s) | 1 |
| Zoning | UP MU-N45 Mixed Use - Neighborho |
| Acreage | 0.16 |
| Property | 5642 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | University Place |
| Zip Code | 98466 |
| Area | 32 University Place |
| Community Name | Menlo Park |
| School District | Curtis Snr High |
| Elementary School | Sunset Elem |
| High School | Curtis Snr High |
| Listing VS Median (in Menlo Park) | |
Price: $688,000 low | high Med: $688,000 sqft: 1,824 low | high Med: 1,824 $ / sqft: $377 low | high Med: $377 On site: 27 low | high Med: 27 | |
| State | WA |
|---|---|
| County | Pierce |
| City | University Place |
| Zip Code | 98466 |
| Area | 32 University Place |
| Community Name | Menlo Park |
| School District | Curtis Snr High |
| Elementary School | Sunset Elem |
| High School | Curtis Snr High |
| Listing VS Median (in Menlo Park) | |
Price: $688,000 low | high Med: $688,000 sqft: 1,824 low | high Med: 1,824 $ / sqft: $377 low | high Med: $377 On site: 27 low | high Med: 27 | |