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    Property profile & analytics
    FOR SALE
    Commercial real estate

    2038 152Nd St, Burien, WA 98166

    6,422 SF 0.13 ac lot Built 1927
    Entity Owned ~ Est. High Equity
    Property ID
    US90-3281848
    No photos on file
    For Sale
    $1,600,000 6,422 SF
    2038 152Nd St, Burien, WA 98166
    View Listing →
    Property summary
    AI-generated overview

    Lollipops Consignment, a cherished Burien institution since 1977, presents a unique business acquisition opportunity. Priced at $120,000, this established enterprise boasts a loyal customer base cultivated over decades. The business operates from a location in Burien, WA, at 2038 SW 152nd Street, Unit 3. While the square footage isn't specified, the business benefits from its strong community presence and reputation. The sale includes the established brand and existing clientele, providing a solid foundation for continued success. This is an ideal opportunity for an entrepreneur with a passion for retail, a knack for marketing, and an understanding of online sales platforms such as eBay. The business is ripe for expansion through enhanced social media engagement and creative marketing strategies. The potential for growth is significant, offering the chance to build upon an already successful model and capitalize on the existing brand recognition. This is a chance to acquire a turnkey operation with a proven track record, eliminating the challenges of starting from scratch. The existing customer base provides immediate revenue streams, allowing for a smooth transition and the implementation of new growth strategies. This is more than just a business

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1927
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,422 SF
    Lot 0.13 ac (5,613 SF)
    Zoning code CN
    APN 763580-0470
    UPID US90-3281848
    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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.31M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.08M
    Owner & transaction history
    Mirabella Holdings LLC
    Mirabella Holdings LLC
    since 2025
    3 recorded transactions
    2025
    $1.5M
    2004
    $575,000
    1969
    Zoning & alternative use
    CN · Burien, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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