2038 SW 152nd Street in Burien
| Listing ID: | 2420636 (Commercial) |
|---|---|
| Listing Price: | $1,600,000 |
| Days on Market: | 121 |
Details | |
| Lot Size: | 0.13 acre (5,613 sqft) |
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.
This listing is provided courtesy of NWMLS, contributed by Highmark Partners.
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