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11616 Ambaum SW Blvd Burien, WA 98146-2641

OFF-MARKET Commercial real estate Google Maps
7,172 SF 0.59 ac lot Built 1949
Entity Owned ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US90-1265209

Property summary

AI-generated overview

This exceptional investment property in Burien, WA, presents a rare opportunity to acquire a substantial multi-family and commercial complex. The portfolio comprises four buildings totaling seven commercial spaces and eleven apartments, strategically situated on a sizable lot including an additional half-acre of developable commercial land. The main building houses five commercial units on the ground floor and five apartments on the upper level. A separate corner building features both upper and lower-level commercial tenants. Adding to the property's income potential is a smaller house and a five-plex located behind the main structure. All buildings are well-maintained and currently boast 100% occupancy, generating a consistent rental income stream. Recent upgrades have enhanced the property's value and appeal. Ample parking is available for both commercial tenants and residential occupants. The additional half-acre commercial lot offers significant potential for future development and expansion, providing further opportunities to increase revenue. This turnkey investment is ideal for an experienced investor seeking a diversified portfolio with strong cash flow and significant upside potential in a thriving Burien location. The property is located at 11616 Ambaum Boulevard SW, Burien, WA and is listed at $3,100,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,172 SF
Lot 0.59 ac (25,800 SF)
Zoning code CN
APN 384160-0005
UPID US90-1265209

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2026
Last sale
$2.6M
7 recorded transactions
2026
$2.6M
2019
Price N/A
2007
Price N/A
2007
$1.6M
2003
$1.3M
2000
Price N/A
1993
$450,000

Zoning & alternative use

CN · Burien, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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