620 SW 150th St, Burien, WA
Mixed-use building with redevelopment potential in a prime location.
- Added:
- Oct 2, 2025
- Days on Market:
- 277
- Last Refresh:
- May 20 at 8:53 pm
Property Features for 620 SW 150th St
General Information
- Standard status
- Active
- Size
- 4,251 SF
- Lot size
- 0.37 Acres
- Property subtype
- RETAIL
Properties For Sale
at 620 SW 150th St Contact usListing office Providencia Real Estate (206) 285-2564
Listing date Oct 2, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Providencia Real Estate
HighLights
- Rezoned Mixed Use Downtown Commercial, allowing for diverse usage options.
- Approximately 3,000 sf of the total 4,251 sf is currently vacant.
- Prime location across from the Burien Post Office and next to the King County Sheriff station.
- Ample parking with approximately 20 outdoor spaces plus a 2‑car attached garage.
- Existing tenant occupying 1,200 sq ft, providing immediate income potential.
- Single‑floor building offers ease of access and layout flexibility.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.2k | $26.40 |
| − Vacancy | −$3.6k | −$0.84 |
| EGI | $108.6k | $25.56 |
| − OpEx | −$32.6k | −$7.67 |
| NOI | $76.0k | $17.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burien
- County
- King
- State
- Washington
- Longitude
- -122.357
- Latitude
- 47.4475