11616 Ambaum SW Blvd Burien, WA 98146-2641
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CN · Burien, WABurien. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.