133 SW 158th Street, Burien, WA 98166
- $1,575,000
Listing courtesy of Premier Real Estate Partners. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $1,575,000
- List Price
- $1,599,950
- Status
- SOLD
- MLS#
- 2140587
- Closing Date
- Jul 19, 2024
- Days on Market
- 290
- Annual Tax Ammount
- 11212
Property Description
Turnkey commercial building in the heart of Burien located just minutes away from freeways connecting you to the vibrant city of Seattle. This building has undergone numerous updates within the last three years, ensuring it provides a modern appearance, while benefiting from reduced maintenance costs. Perfect for any business with mixed use zoning and a massive open layout with no load bearing walls to configure any way you want! Outside offers over 20 parking spaces and a custom-made metal fence with electric gate for great security. Overall, this fully updated commercial building in a great area offers a prime investment opportunity for both investors or businesses. When rented, it brought in $13,900/month for an amazing 9% cap rate.
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Additional Information
- Community
- Burien
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1978
- Roof
- Torch Down
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Laminate, Wall to Wall Carpet
- Flooring
- Laminate, Carpet
- Driving Directions
- turn to 158th off of 1st ave building is on the corner.
- Energy Source
- Electric
- Net Operating Income
- $149,707
- Gross Scheduled Income
- $166,800
- Water/Sewer/Garbage Expenses
- $720
- Cap Rate
- 9
- Total Expenses
- $17,093
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.