$950,000
Est. $4,889/mo16701 Pacific Avenue S, Spanaway, WA 98387
• Listed 2026-06-30•40 days on market
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Rare owner-operator & value-add investment opportunity to acquire both the business & real estate of a long-established neighborhood bar occupying a highly visible, signalized corner at Pacific Ave/SR-7 & 167th Street. If your vision is to own a bar, acquiring a comparable corner location and developing a new establishment from the ground up would require significant time, capital, permitting, utilities, construction, equipment, licensing & considerable uncertainty. Instead, capitalize on the existing infrastructure by breathing new life into an established business with meaningful upside through operational improvements, modernization and an enhanced food, beverage, gaming & customer experience. If your aspirations don’t involve owning a bar, the existing business provides the opportunity to operate an established income-producing use while pursuing your long-term vision for this exceptional commercial asset on one of Pierce County’s busiest & most visible commercial corridors. Whether your plan is to maximize the existing operation, reposition the business, lease it to an operator, or capitalize on the long-term value of this premier commercial corner, opportunities combining real estate, business, infrastructure & location are becoming increasingly difficult to find. While you can remodel a building & rebrand a business, you cannot recreate this location. Business & real estate to be sold together. Show by appointment only. Please do not disturb employees or patrons.
Listed by Tory Mayfield • Keller Williams Realty PS
Listing updated: July 9, 2026 at 09:55am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2545556
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16701 Pacific Avenue S, Spanaway, WA 98387
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More homes in this area that match your range.
Spanaway is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
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4 bd•2.5 ba•~2,482 sq ft•Single Family
16724 8th Avenue Ct E #12, Spanaway, WA 98387
2%
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Days on market
0.7 mi
Distance
$74,000 Sold
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13%
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Days on market
0.8 mi
Distance
$425,000 Sold
2 weeks ago
3 bd•1 ba•~1,224 sq ft•Single Family
17403 Spanaway Lane E, Spanaway, WA 98387
0%
Over list
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Days on market
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$685,653 Sold
2 weeks ago
5 bd•3.25 ba•~2,811 sq ft•Single Family
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Over list
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$673,960 Sold
2 weeks ago
5 bd•3.25 ba•~2,811 sq ft•Single Family
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1%
Over list
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Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
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