Listed by Steve Fischer, Northmarq Multifamily, LLC
- 15,400
- Square feet
- $214
- Per sq ft
- Multi Family
- Type
- 1961
- Year built
- 27,600 sq ft
- Lot
- 60
- Days on market
About this property
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.
Location & commute
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Property details
Listing details
- Listing number
- #2524225
- Listed
- May 14, 2026
- Days on market
- 60
- Price per sq ft
- $214
Unit & building
- Stories in building
- 2
- Units in building
- 19
Parking
- Total spaces
- 38
Construction
- Year built
- 1961
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl PlankCarpet
Lot
- Lot features
- Corner LotPavedSidewalk
- Lot size
- 27,600 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Tacoma
- Sewer
- Pierce County Sewer
- Power
- Tacoma Public Utilities
Schools
- District
- University Place
What stands out to you?
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- Multi Family
- Composition
- Forced Air
- None
- Electric
- Vinyl Plank
- Carpet
- Corner Lot
- Paved
- Sidewalk
- Cash
- Conventional
Listing history
Listed
$3,300,000
May 14, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$19,217
- Principal & interest
- $16,687
- Property tax (est.)
- $2,530
Assumes $660,000 down (20%), a $2,640,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.