Office-Retail Mixed-Use
For Sale
Contact for pricing
150 Gilkey Road, Burlington, WA 98233
Two occupied buildings combine office and retail space, with MUC-2 mixed-use commercial zoning.
Property SizeContact for details
Lot Size0.92 Acres
Days on Market11
Property Features for 150 Gilkey Road
General Information
Standard status
Active
Lot size
0.92 Acres
Property subtype
Retail, Office
Zoning
MUC-2
Occupancy
72%
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Building Details
Buildings
2
Listing Agency:
Learned Commercial, Inc
Listed By:
Jarrod Ball · License #22026577
(360) 855-8875
Source:
Crexi
Added: Sep 16
Changed: Sep 24
Last Checked: Sep 26 at 4:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Learned Commercial, Inc
Investment Insights
Based on property information with market context.
This mixed-use property includes two office and retail buildings measuring 5,504 SF and approximately 1,072 SF, situated on approximately 0.92 acres. The property has a new roof and HVAC units, and is zoned MUC-2, Mixed-Use Commercial.
Occupancy is 72%, with long-term tenants in place. The pro forma cap rate is 6.4%. The property is in Burlington’s primary commercial corridor.
Occupancy is 72%, with long-term tenants in place. The pro forma cap rate is 6.4%. The property is in Burlington’s primary commercial corridor.
Key Highlights
- Two office‑retail buildings: 5,504 SF and 1,072 +/- SF
- 0.92 +/- acres
- 72% occupancy with long‑term tenants
Property Analytics
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Current Use
Lease Details
72%
Occupancy
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
422k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Dining 24%
Shops & Services 21%
Superstores 20%
Fred Meyer
Groceries
88,943 visits/mo
0.1 miles
Target
Superstores
85,189 visits/mo
0.3 miles
Haggen
Groceries
40,642 visits/mo
0.4 miles
Dollar Tree
Shops & Services
23,708 visits/mo
0.2 miles
Fred Meyer Gas Station
Shops & Services
18,065 visits/mo
0.1 miles
Demographics for 98233, WA
16,034
Population
7,295
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
33.2 sq mi
ZIP Area
483
Density / Sq Mi
$83,560
Median Household Income
$43,697
Median Earnings
$1,567
Median Rent
$466,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied buildings combine office and retail space, with MUC-2 mixed-use commercial zoning.
Where is this mixed-use property located?
The property is located at 150 Gilkey Road Burlington, WA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Two office‑retail buildings: 5,504 SF and 1,072 +/- SF; 0.92 +/- acres; 72% occupancy with long‑term tenants
