16504 3rd Avenue Burien, WA 98166

Listing office WINDERMERE REAL ESTATE CO.

Listing date May 24, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This 2.67-acre site in Burien consists of two parcels and is zoned MU-2, which allows for flexible development options. The MU-2 zoning designation is intended for high-density multifamily residential land uses. It permits a maximum building height of 65 feet, with a potential bonus allowing up to 85 feet. There are no commercial requirements associated with this zoning. Additionally, the zoning has no maximum lot coverage or impervious surface requirements and minimal setbacks ranging from 0 to 15 feet. The site's central location makes it suitable for various developments, including commercial spaces, offices, apartments, townhomes, senior living facilities, or self-storage. A ground lease option is also available. The property is conveniently located near SeaTac Airport, Boeing, Amazon Fulfillment, and Westfield Mall, with easy access to Seattle, Tacoma, and the Eastside via highways 509, 518, I-5, and 405.

Key Highlights

• Prime 2.67‑acre site zoned MU‑2 for high‑density multifamily residential and flexible development options.
• MU‑2 zoning allows for a maximum building height of 65’ (85’ with bonus) and minimal setbacks (0’-15’).
• Ideal location for commercial, office, apartments, townhomes, senior living, or self‑storage development.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 2.67-acre site zoned MU-2, ideal for various developments.

Where is this commercial land located?

The property is located at 16504 3rd Avenue Burien, WA.

What is the asking price?

The asking price for this property is $2,999,550.

What are key features of this property?

This property features: Prime 2.67‑acre site zoned MU‑2 for high‑density multifamily residential and flexible development options.; MU‑2 zoning allows for a maximum building height of 65’ (85’ with bonus) and minimal setbacks (0’-15’).; Ideal location for commercial, office, apartments, townhomes, senior living, or self‑storage development.