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Property profile & analytics

127 Fairhaven Ave Burlington, WA 98233-1701

  • Office buildings
  • 2,060 SF
  • 0.17 lot acres
OFF-MARKET
Last Sale
Dec 03, 2024
$423,890
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US90-1417792
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rob Jones Law Office / Law Firm
  • My Cup of Tea / Cafe & Coffee Shop
  • Pacific Northwest Massage / Alternative Medicine Practice / Spa & Massage Center

Property Details for 127 Fairhaven Ave

Year built
1900
Lot size
0.17 lot acres
Property size
2,060 SF
Property type
Office buildings
APN
4076-099-022-0007
APU
40760990220007

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Burlington
County
Skagit
State
Washington
Longitude
-122.335
Latitude
48.4758
CBSA code
34580
CBSA name
MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,972
$144,000
$169,700
$313,700
-
$144,000
$169,700
$313,700
More about this property
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