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    OFF-MARKET
    Office buildings

    127 Fairhaven Ave, Burlington, WA 98233-1701

    2,060 SF 0.17 ac lot Built 1900
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US90-1417792
    Property summary
    AI-generated overview

    This exceptional 0.17-acre commercial property at 127 E Fairhaven Avenue, in the heart of downtown Burlington, WA, presents a unique investment opportunity. Previously operating as a tea room, this building boasts significant character and charm, situated in a high-traffic area with excellent visibility on Burlington Blvd. The structure offers versatile space, previously configured as five office spaces, a conference room, a break room, and two bathrooms. A separate storage building and a two-car carport add to the property's functionality. Recent improvements enhance its appeal and adaptability. These include a new entrance/exit to the main floor patio, a new exterior side entrance/exit to the upstairs office suite, and new fencing around the property. Several doorways have been widened to accommodate potential Accessory Dwelling Unit (ADU) access. A significant upgrade has been completed with the installation of a new 200-amp electrical panel. The building's history as an office space and its recent use as a tea room demonstrate its adaptability to a wide range of commercial ventures. The possibilities are endless for a creative entrepreneur seeking a well-located, charming building with recent upgrades. Priced at $479,000, this property offers a compelling opportunity to establish a thriving business in a desirable downtown location.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1900
    Total area 2,060 SF
    Lot 0.17 ac (7,492 SF)
    APN 4076-099-022-0007
    UPID US90-1417792
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rob Jones Law Office Law Firm
    • My Cup of Tea Cafe & Coffee Shop
    • Pacific Northwest Massage Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Angelas Property Investment LLC · 1 yrs held
    Angelas Property Investment LLC
    since 2025
    Last sale
    $423,890
    4 recorded transactions
    2025
    $423,890
    2021
    $350,000
    2006
    $343,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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