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Property profile & analytics
OFF-MARKET Estimated value $1,790,000
Strip malls

130 Fairhaven Ave Burlington, WA 98233-1740

21,638 SF 1.33 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
Property ID
US90-0928877
Property summary
AI-generated overview

This exceptional commercial property, located at 130 E Fairhaven Ave in Burlington, WA 98233, presents a unique opportunity for businesses seeking prime retail or office space. The property, a former Thrifty Foods building, boasts a total of 30,156 square feet, with 21,638 square feet currently available for lease. Situated at the high-traffic intersection of Fairhaven Avenue and Burlington Boulevard, this multi-tenant building offers excellent visibility and accessibility. A portion of the building (8,518 square feet) is already leased to AutoZone, providing an established tenant base. The remaining 4,100 square feet of vacant space is ideal for a variety of uses. The property includes a shared pylon sign at the prominent intersection, enhancing visibility for tenants. Landlords are open to various lease terms, including tenant improvement allowances, complete rebuilds, or even pad development as part of a larger project. The property is zoned MUC-1 (Mixed Use Commercial), offering flexibility in permitted uses. The site also benefits from a 6,000+ square foot employee parking lot across the street. All information is deemed reliable but not guaranteed

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1900
Total area 21,638 SF
Lot 1.33 ac (57,717 SF)
APN 4076-102-026-0005
UPID US90-0928877
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.79M
Owner & transaction history
THRIFTY PROPERTIES BURLINGTON LLC · 1 yrs held
THRIFTY PROPERTIES BURLINGTON LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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