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Listed by:Berkshire Hathaway HS NW • Paul B. Poirier
$899,950
Est. payment /mo
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Burien
MLS Listing ID 2537699
Style 43 - Comm/Industrial
Annual Tax Amount $2,716
Lot Size 7,500 Sqft
Lot Dimensions 60'x125'
Property Sub-Type Land
Property Description
Rare fully permitted mixed-use development opportunity in the heart of Downtown Burien. Skip years of entitlement work and move directly toward construction with permits in hand for a thoughtfully designed 4-story mixed-use project featuring 18 one-bedroom apartment units above 2 street-level commercial spaces. Located directly across from Bakery Nouveau and just steps from Burien's vibrant restaurant, retail, entertainment, and transit district, this project offers an exceptional blend of urban convenience and long-term investment potential. Designed with today's renter in mind, the building features elevator access, dedicated bike storage, on-site parking, a landscaped courtyard gathering space, and an expansive rooftop amenity deck designed for entertaining, relaxing, and enjoying territorial and city views. The modern architectural design incorporates large windows, attractive street-level commercial frontage, and contemporary finishes that complement the ongoing revitalization of Downtown Burien. As an added benefit, the property is located within a designated Opportunity Zone, creating the potential for significant tax advantages for qualified investors while enhancing the project's long-term investment appeal. With strong rental demand, proximity to Sea-Tac Airport, Downtown Seattle, major employment centers, and continued growth throughout South King County, this shovel-ready project presents a rare opportunity for developers seeking a fully entitled multifamily asset
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Lot Description Paved
Sewer Available
Water In Street
Schools
Elementary Schools Gregory Heights Elem
Middle Schools Sylvester Mid
High Schools Highline High
School District Highline
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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