11616 Ambaum BlvdBurien, WA 98146

Property Details for 11616 Ambaum Blvd

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.59 AC

Property size (Sq ft)

7,172 SF

Zone code

CN

Property type

Commercial real estate

APN

384160-0005

APU

3841600005

Description

This exceptional investment property in Burien, WA, presents a rare opportunity to acquire a substantial multi-family and commercial complex. The portfolio comprises four buildings totaling seven commercial spaces and eleven apartments, strategically situated on a sizable lot including an additional half-acre of developable commercial land. The main building houses five commercial units on the ground floor and five apartments on the upper level. A separate corner building features both upper and lower-level commercial tenants. Adding to the property's income potential is a smaller house and a five-plex located behind the main structure. All buildings are well-maintained and currently boast 100% occupancy, generating a consistent rental income stream. Recent upgrades have enhanced the property's value and appeal. Ample parking is available for both commercial tenants and residential occupants. The additional half-acre commercial lot offers significant potential for future development and expansion, providing further opportunities to increase revenue. This turnkey investment is ideal for an experienced investor seeking a diversified portfolio with strong cash flow and significant upside potential in a thriving Burien location. The property is located at 11616 Ambaum Boulevard SW, Burien, WA and is listed at $3,100,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,221,425

  Hospitality

  $2,034,813

  Educational

  $1,692,941

  Medical

  $1,751,164

  Retail

  $2,633,463

Location Insight

City

Burien

County

King

State

Washington

Latitude

47.4988

Longitude

-122.354

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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