Premier Medical/Dental Building in Highly Sought-After University Place
Presenting a 9,770 SF, two-story commercial building in University Place, WA, one of the most desirable and rapidly growing communities in Pierce County. This property was fully remodeled in 2023, following an extensive 12-month renovation, transforming a former Key Bank into a state-of-the-art medical/dental facility with high-end finishes throughout.
University Place is home to top-rated schools, strong demographics, and a thriving business environment, making it an ideal location for medical and professional services. With close proximity to Chambers Bay Golf Course, upscale residential neighborhoods, and major thoroughfares, this property offers strong visibility, easy accessibility, and an affluent customer base.
The seller currently occupies 2,689 SF on the first floor and is willing to lease back their space, providing an immediate income-producing opportunity. An additional 2,038 SF suite is available for immediate use, and the property can be structured to easily accommodate three to four separate suites, maximizing its investment potential. The extensive remodel process adds significant value, offering buyers a turnkey property without the delays, costs, and complexities of new construction or major renovations.
**Financials are Proforma**
Showing instructions: Please call listing broker. Do Not disturb tenants. Selling broker must be present for all showings or 1% commission