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JRJeff ReynoldsCompass · Seattle

Listed by Paul B. Poirier, Berkshire Hathaway HS NW

Land
Type
7,500 sq ft
Lot
33
Days on market

About this property

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 & commute

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Directions

Property details

Listing details

Listing number
#2537699
Listed
June 10, 2026
Days on market
33

Unit & building

Building
Burien Lake View Tracts Div 04

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
Paved
Lot size
7,500 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
In Street
Sewer
Available

Schools

District
Highline
Elementary
Gregory Heights Elem
Middle
Sylvester Mid
High
Highline High

What stands out to you?

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  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available
  • In Street
  • Available

Listing history

  1. Listed

    $899,950

    June 10, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,241

Principal & interest
$4,551
Property tax (est.)
$690

Assumes $179,990 down (20%), a $719,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 AM PDT. 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.