Recently Listed Open House 8/8 12pm - 2pm
3102 Bridgeport Way W
University Place, WA, 98466 $ 688,000
Bedrooms-- Baths-- Monthly Estimate*
$ 4,344
Listed by Keller Williams Realty PS
for $688,000. This building was built in 1970 on a lot size of 0.1635.
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.
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Open House
8/8/2026 12:00 PM - 2:00 PM
8/9/2026 12:00 PM - 2:00 PM
3102 Bridgeport Way W University Place, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 0
Sewer Sewer Connected
Heating Forced Air Wall Furnace
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1970
Topography Level
Property Subtype Commercial Industrial
County Pierce
Property Type Commercial Sale
HOA N
Subdivision Name Menlo Park
Possible Use Business Commercial Office Residential Retail See Remarks
Special Listing Conditions None
Status Active
Directions From I-5 head west on HWY-16 exit 1C Fircrest/Center ST turn R onto Center ST road becomes Regents BLVD follow all the way to Bridgeport Way W turn L to 31st property is on the right hand side.
City University Place
Senior Community Y/N N
Zoning Description Business Commercial Office Residential Retail See Remarks
Number Of Units Total 0
MLS Area 32 - University Place
Lot Size Units Square Feet
Lot Size Square Feet 7122
Carport Y/N N
Listing Terms Cash Conventional Rehab Loan
Property Condition Fair
Public Remarks 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
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Property Style 73 - Office
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ExteriorExterior Amenities Wood Wood Products
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.1635
Irrigation Water Rights Y/N N
Site Frontage 50
Parking Uncovered Total 8
Lot Number 1 & 2
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InteriorFlooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal OnlyOriginalMLSID NWM2565495
Street Number 1 3102
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* Excluded FeaturesList ByCheryl FarnhamListing Agent
Keller Williams Realty PsBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,344
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in University Place, WA
Average List Price $550,000
Percent of Sale Price 20%
About University Place, WA 33,437 Population
10% Since 2002
$ 63,479 Median Income
39.46 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $688,000 | | Listed Price |