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    2038 SW 152Nd St, Unit Burien Seattle, WA 98166

    For Sale
    $1,600,000

    Charming corner property with investment potential in Olde Burien.

    Lot size:
    0.13 Acres

    Property Features for 2038 SW 152Nd St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1927

    Source: HIGHMARK PARTNERS Agent JUSTIN KRAFT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Property in Burien

    Located in the heart of Olde Burien, the historic corner property at 2038 SW 152nd St dates back to the early 1900s streetcar era. The building offers timeless charm with modern investment potential. Situated in the Seahurst/Olde Towne Burien neighborhood, the property features three commercial suites and two residential units. All units are occupied by long-term tenants on flexible month-to-month leases. There is potential to increase rents by up to 25% through market-rate adjustments and NNN implementation on commercial spaces. This property is suitable for either a value-add income investor or an owner-user looking to establish a presence in a thriving community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lollipops Consignment Shop Consignment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3605597
    Latitude
    47.4669292

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    FAQs

    What type of property is this?
    Mixed-use property - Charming corner property with investment potential in Olde Burien.
    Where is this mixed-use property located?
    The property is located at 2038 SW 152Nd St, Unit Burien Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime location in the desirable Seahurst/Olde Towne Burien neighborhood with high visibility.; - Significant upside potential with the ability to increase rents by up to 25%.; - Five total units: three commercial suites and two residential units, all currently occupied.
    (206) 895-2988
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    2038 SW 152Nd St, Unit Burien Seattle, WA 98166
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    Seattle, WA 98166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2038 SW 152Nd St, Unit Burien Seattle, WA 98166
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