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Listed by Highmark Partners
$ 1,600,000
Est. payment | /mo
5,613 Sqft Lot
$ 1,600,000
Est. payment | /mo
5,613 Sqft Lot
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
Interior
Fireplace false
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634