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    Mixed-Use Building in Downtown Burien Title is generated by Realmo AI

    620 SW 150th St, Burien, WA

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    Mixed-use building with redevelopment potential in a prime location.

    Type:RETAIL
    Property size:
    4,251 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $352/SF
    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

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    Charles Holmes

    Listing office Providencia Real Estate

    Listing date Oct 2, 2025

    Source Moodyscre

    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 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

    This single-floor mixed-use building, recently rezoned as Mixed Use Downtown Commercial, offers versatile usage options, including office, multi-family, and restaurant spaces. The property has a total area of 4,251 square feet. Currently, a tenant occupies approximately 1,200 square feet, leaving around 3,000 square feet available. The building features approximately 20 parking spaces outside and two spaces inside an attached garage. The current tenant operates a cabinet showroom. The property is conveniently situated across from the Burien Post Office and adjacent to the King County Sheriff station.

    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
    4,251 SF · lease $26.40/SF/yr · vacancy 3.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.09M
    $950.6K – $1.27M (±1% cap)
    NOI $76,045 @ 7.0% cap · market cap 5.07%
    Second Best
    Mixed Use
    $1.01M
    $887.7K – $1.18M (±1% cap)
    NOI $71,015 @ 7.0% cap · market cap 4.73%
    Theoretical Best
    Office A
    $1.70M
    $1.49M – $1.99M (±1% cap)
    NOI $119,184 @ 7.0% cap · market cap 7.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Discount Store Arcade & Gaming Center Restaurant Clothing & Fashion Store (Bike/Boat/Book/etc) Store Florist Clothing & Fashion Store (Bike/Boat/Book/etc) Store Restaurant Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Burien
    County
    King
    State
    Washington
    Longitude
    -122.357
    Latitude
    47.4475

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with redevelopment potential in a prime location.
    Where is this mixed-use property located?
    The property is located at 620 SW 150th St Burien, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 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.
    (206) 285-2564 Call to check price and availability
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