16701 Pacific Avenue S · Spanaway, WA 98387
Source: NWMLS · Keller Williams Realty PS · Tory Mayfield #NWM2545551
About this home
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.
Location
Basics
- Property type
- Business Opportunity
- Condition
- Good
- Lot size
- 13,500 sq ft (0.31 acres)
- County
- Pierce
- MLS #
- NWM2545551
Interior
- Heating
- None
- Cooling
- None
Parking
- Parking spaces
- 25
Community & fees
- Subdivision
- Tacoma
Transaction
- Original list price
- $950,000 (5.8% price cut)
- Listed on
- Jun 30, 2026
- Days on market
- 81
- Listing terms
- Cash, Conventional, SBA
- Possession
- Closing, Negotiable
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-06-30
- Active$895,000
Schools
- High
- Spanaway Lake High SchoolSchoolDigger 2 stars · Top 70% in WA

Listing provided courtesy of: Keller Williams Realty PS
Listing agent: Tory Mayfield.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.