Burien, WA 98166,14235 Ambaum BLVD SW
Burien, WA 98166,14235 Ambaum BLVD SW
Burien, WA 98166,14235 Ambaum BLVD SW
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Listed by Highmark Partners
$2,000,000
Est. payment /mo
0.62 Acres Lot
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UPDATED:

07/25/2024 04:13 AM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Burien

MLS Listing ID 2263116

Style 73 - Office

Year Built 1956

Annual Tax Amount $17,734

Lot Size 0.620 Acres

Property Description

Prime mixed-use property for sale in the thriving community of Burien, WA. This property offers a unique investment opportunity with its strategic mix of residential and commercial units. Property Details: Residential Units: 3 units, each featuring 3 bedrooms and 1.5 bathrooms Commercial Units: 5 units, comprising retail and office spaces Offered at an attractive $199 per square foot Current Cap Rate: 5% Room to increase rents by 20%, enhancing overall returns High Visibility: Prime location with excellent exposure, ensuring consistent foot traffic and tenant interest

Location

State WA

County King

Area 130 - Burien/Normandy Park

Interior

Interior Features Laminate Hardwood

Flooring Laminate

Fireplace Yes

Exterior

Exterior Feature Wood

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks


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Brad Hanks

+1(360) 966-6726

Managing Broker | License ID: 73959

Managing Broker License ID: 73959

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