3311 Bridgeport Way W, University Place, WA 98466

Courtesy of Pellego, Inc.

$950,000
3
BD
2
BA
1,152
SqFt

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List Price
$950,000
Status
ACTIVE
Days on Market
5
MLS#
2573684
Subtype
Residential
Style
10 - 1 Story
Year Built
1958
Bedrooms
3
Bathrooms
2
Living Area
1,152
Lot Size
18,976
Acres
0.44
Subdivision
University Place
Neighborhood
University Place
MLS Area Major
University Place

Property Description

Rare opportunity in the heart of University Place! Take over the Seller’s vision for a proposed 16-bed assisted living facility, or explore other development possibilities on this exceptionally positioned property. Seller has already invested substantial time and resources into architectural design, engineering coordination, builder consultation, site planning, and preliminary development work—giving a buyer the opportunity to step into a project with meaningful groundwork already completed. Current schematic plans depict a two-story assisted living building with basement and rooftop deck, rear courtyard, accessible entries, parking, and a lower-level salon/health spa concept. Plans identify approximately 15,443 SF of gross building area on an approximately 18,976 SF / 0.436-acre site, with MU-N 45 zoning and R-4 Condition 2 – Assisted Living.Existing 3-bedroom, 1.5-bath home has been extensively updated with newer kitchen, roof, electrical, plumbing, LVP flooring, siding, and interior/exterior paint. Property has also been used for Airbnb/short-term rental, creating potential interim income while a buyer evaluates future development. Architectural drawings, site plans, and additional reports are available for review. A compelling opportunity for senior housing operators, builders, developers, and investors seeking a University Place location with significant preliminary work already completed. Buyer to independently verify zoning, permitting, feasibility, development costs,

Additional Information

Interior Features
Dbl Pane/Storm Window, Dining Room, Walk-In Closet(s)
Exterior Features
Metal/Vinyl
Property Description
10 - 1 Story
Flooring
Softwood, Carpet
Heating
Forced Air
Air Conditioning
Forced Air
Levels
One
Roof
Flat, Metal
Parking Features
Driveway, Off Street, RV Parking
School District
University Place
Elementary School
Evergreen Primary
Middle School
Narrows View Interme
High School
Curtis Bridge Pgm
View
City, Territorial
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.
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