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Covington, WA

Covington, WA Commercial Real Estate for Sale

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Kent, WA Black Diamond, WA Maple Valley, WA Auburn, WA Renton, WA Ravensdale, WA Issaquah, WA Federal Way, WA

Turnkey Office Suite

Updated: Jun 4

Turnkey Office Suite

E-17265 Se Wax Rd, Covington, WA 98042

$719,900

Turnkey office suite with build‑out and tenant improvements completed in 2022
Waiting room/reception office plus six separate office spaces
Large break room and bathroom
Interior includes knotty alder door & trim package and vinyl plank flooring
Custom cabinetry included

Land in Town Center Zoning

Updated: Oct 13, 2025

Land in Town Center Zoning

17018 SE Wax Rd, Covington, WA

Contact for pricing

0.80 AC lot

Town Center Zoning
Located Next to Vineyard Park
Located Next to Covington Commons
Located Next to Future Covington Town Center
Possible Location for Mixed Use Development

Ready to Build Pad Site

Ready to Build Pad Site

0 SE Wax Rd, Covington, WA

Contact for pricing

31,363 sqft 0.71 AC lot

Pad site near Covington Town Center development with utilities.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Warehouse with ESFR Sprinklers

Warehouse with ESFR Sprinklers

27631 Covington Way SE, Covington, WA 98042

Contact for pricing

93,600 sqft

Warehouse options include 32' clear height, ESFR sprinklers, and a 6-inch concrete slab on a fenceable 19.74-acre site.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Covington, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Shopping Center

NNN Shopping Center

13215 SE 240th St, Kent, WA 98042

$7,945,000

24,621 sqft

Fully leased neighborhood retail center with diversified occupancy and contractual annual rent increases.

Two-Building Office Campus

Two-Building Office Campus

2707 I Street NE, Auburn, WA 98002

Contact for pricing

29,419 sqft 2.32 AC lot

Three Washington State agencies occupy the fully leased campus under modified gross leases.

Fully Equipped Middle Eastern Restaurant

Fully Equipped Middle Eastern Restaurant

13003 Se Kent Kangley Rd, Kent, WA 98030

$160,000

Dining property includes a 16-foot Type I hood, walk-in cooler, and established shopping-center setting.

DUC-Zoned Commercial Lot

DUC-Zoned Commercial Lot

3073 3rd St NE, Auburn, WA 98002

$259,900

Flat infill parcel with utilities at the street and zoning supporting several development formats.

Off-Market Properties in Covington, WA

Consider similar Off-Market properties in Covington, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

17615 272nd St

COMMERCIAL (GENERAL)

17615 272nd St, Covington, WA 98042-4957

Estimated value:

$3,015,000

11,484 sqft 0.97 AC lot

27025 168th SE Pl

VACANT COMMERCIAL LAND

27025 168th SE Pl, Covington, WA 98042-4902

Estimated value:

$430,000

1,100 sqft 0.23 AC lot

16241 272nd St

VACANT COMMERCIAL LAND

16241 272nd St, Covington, WA 98042-8212

Estimated value:

$420,000

1,960 sqft 0.72 AC lot

28009 Covington SE Way

VACANT COMMERCIAL LAND

28009 Covington SE Way, Covington, WA 98042-9133

Estimated value:

$155,000

20.47 AC lot

28411 Covington SE Way

VACANT COMMERCIAL LAND

28411 Covington SE Way, Covington, WA 98042-9134

Estimated value:

$7,325,000

11.28 AC lot

27115 164th SE Ave

MINI-WAREHOUSE, STORAGE

27115 164th SE Ave, Covington, WA 98042-8240

Estimated value:

$9,515,000

90,480 sqft 1.24 AC lot

27623 Covington SE Way

INDUSTRIAL (GENERAL)

27623 Covington SE Way, Covington, WA 98042-9137

Estimated value:

$810,000

10,192 sqft 1.98 AC lot

Covington, WA 98042

VACANT COMMERCIAL LAND

Covington, WA 98042

Estimated value:

$210,000

0.20 AC lot

16703 272nd St

DRIVE-THRU RESTAURANT, FAST FOOD

16703 272nd St, Covington, WA 98042-4942

Estimated value:

$3,500,000

3,292 sqft 0.74 AC lot

17621 272nd St

AUTO REPAIR, GARAGE

17621 272nd St, Covington, WA 98042-4952

Estimated value:

$1,615,000

6,894 sqft 0.50 AC lot

26901 185th SE Ave

MINI-WAREHOUSE, STORAGE

26901 185th SE Ave, Covington, WA 98042-5648

Estimated value:

$14,555,000

10,095 sqft 3.85 AC lot

20665 264th St

CHARITABLE ORGANIZATION

20665 264th St, Covington, WA 98042-6155

Estimated value:

$440,000

6,864 sqft 37.86 AC lot

16405 272nd St

CONVENIENCE STORE

16405 272nd St, Covington, WA 98042-8211

Estimated value:

$2,185,000

396 sqft 0.67 AC lot

27177 185th SE Ave

COMMERCIAL (GENERAL)

27177 185th SE Ave, Covington, WA 98042-8455

Estimated value:

$1,755,000

7,996 sqft 0.92 AC lot

27115 185th SE Ave

COMMERCIAL (GENERAL)

27115 185th SE Ave, Covington, WA 98042-8449

Estimated value:

$2,410,000

11,080 sqft 0.88 AC lot

27103 185th SE Ave

FINANCIAL BUILDING

27103 185th SE Ave, Covington, WA 98042-8419

Estimated value:

$380,000

4,520 sqft 0.68 AC lot

27081 185th SE Ave

COMMERCIAL (GENERAL)

27081 185th SE Ave, Covington, WA 98042-8448

Estimated value:

$1,890,000

9,560 sqft 0.78 AC lot

27193 185th SE Ave

RESTAURANT

27193 185th SE Ave, Covington, WA 98042-8419

Estimated value:

$435,000

5,164 sqft 1.28 AC lot

27027 185th SE Ave

WHOLESALE OUTLET, DISCOUNT STORE

27027 185th SE Ave, Covington, WA 98042-8418

Estimated value:

$17,285,000

140,304 sqft 9.17 AC lot

27149 185th SE Ave

COMMERCIAL (GENERAL)

27149 185th SE Ave, Covington, WA 98042-8423

Estimated value:

$3,705,000

18,088 sqft 1.63 AC lot

Covington, WA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Covington, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 124,963 square feet of properties for sale, with an estimated market value of $719,900.

Sale prices for business properties in Covington, WA average $719,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Covington, WA CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 49K

Population Growth (5Y) +1.4%

Median Household Income $125,554

College Educated 44.8%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Kent - 98042	$719.9K

How Realmo verifies these figures

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