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2038 152Nd St Burien, WA 98166

Commercial real estate Google Maps
6,422 SF 0.13 ac lot Built 1927
Entity Owned ~ Est. High Equity
No photos on file
For Sale
$1,600,000 6,422 SF
2038 152Nd St, Burien, WA 98166
View Listing →
Estimated value (blended)
$1.08M
Range $968k – $1.18M (±10%)
Property ID US90-3281848

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (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

since 2025
3 recorded transactions
2025
$1.5M
2004
$575,000
1969
Price N/A

Zoning & alternative use

CN · Burien, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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