14056 8Th Ave Burien, WA 98168
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 14056 8Th Ave
- Year built
- 1944
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 14056 8th Avenue S in Burien, Washington, presents a compelling investment opportunity. Priced at $2,900,000, the property offers significant potential for immediate income generation and future development. The current owner has invested substantially in recent improvements, encompassing extensive plumbing upgrades and interior renovations, enhancing the property's overall value and functionality. Importantly, additional permits for fill have already been secured, opening up possibilities for expansion or site modification, should a future owner choose to pursue such projects. The property is currently tenant-occupied, providing a stable income stream while feasibility studies are conducted to explore various development options. It's crucial to note that direct contact with the tenants is strictly prohibited. This property represents a rare chance to acquire a well-maintained commercial asset in a desirable Burien location, with the flexibility to maintain existing income or pursue future development plans. The property's size is not specified, and the lot size is zero acres. The property type is classified as General Commercial. This is a unique opportunity for an investor seeking a strong return on investment in a thriving market. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burien
- County
- King
- State
- Washington
- Longitude
- -122.3227
- Latitude
- 47.47622
