2038 SW 152nd ST new to site

Burien,WA 98166

$ 1600000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Burien

MLS Listing ID 2420636

Style 60 - Comm Bldg Und 10K

Year Built 1927

Annual Tax Amount $10,298

Lot Size 5,613 Sqft

Property Sub-Type Commercial Industrial

Property Description

Nestled in the heart of Olde Burien, 2038 SW 152nd St is a historic corner property dating back to the early 1900s streetcar era - offering timeless charm with modern investment potential. High visibility in the coveted Seahurst/Olde Towne Burien neighborhood, this building features three commercial suites and two residential units, all occupied by long-term tenants on flexible month-to-month leases. This opportunity presents strong upside potential, including the ability to increase rents by up to 25% through market-rate adjustments and NNN implementation on commercial spaces. Both a value-add income or an owner-user looking to establish a presence in a thriving community, this legacy property is perfectly poised for its next chapter.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing See Remarks

Listing Terms See Remarks

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