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+12069102985
eXp Realty
15805 1st Avenue S, Burien, WA 98148
- $3,000,000
Listing Broker: Berkshire Hathaway HS NW; Dinato Luz; 206-724-2560; dinatoluz@BHHSNWRealEstate.com
- List Price
- $3,000,000
- Status
- ACTIVE
- MLS#
- 2449084
- Annual Tax Ammount
- 9066
Property Description
Major Price Reduction - Fully Leased Retail Investment with Development Potential. Located in the heart of Burien's highly active 5 Corners district, this income-producing commercial property offers stable cash flow, diversified tenancy, and long-term upside. The tenant mix includes a convenience store, drive-thru coffee stand, hair salon, and billboard lease, creating multiple revenue sources and reducing income concentration risk. Positioned in a high-visibility location with strong traffic counts and surrounded by established retailers, restaurants, and neighborhood services, the property benefits from consistent consumer activity and excellent accessibility. Flexible CC-2 zoning provides future redevelopment and expansion potential, making this a compelling opportunity for investors seeking current income, portfolio stability, and future value creation in one of South King County's most active commercial corridors.
Additional Information
- Community
- Burien
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1980
- Roof
- Torch Down
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional
- Flooring
- Ceramic Tile, Concrete
- Driving Directions
- From highway 509 south take the 148th street exit, take right and a right turn right on 1st Ave S. On west side of 1st Avenue South, across from Starbucks.
- Energy Source
- Electric
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 is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.