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$3,300,000 -$200,000 (-5.71%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • Updated 2 days ago

Listed by Dinato Luz | Berkshire Hathaway HS NW | (206) 244-6400

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Where Burien's Energy Meets Long-Term Investment Stability. Set in the heart of the thriving 5 Corners district, this fully leased retail property delivers both immediate income and enduring demand. This turnkey, income-producing asset features a well-balanced tenant mix - Jay's Mini-Mart, a drive-thru coffee stand, a hair salon, and a billboard - creating diversified revenue streams and consistently stable occupancy. Surrounded by some of the region's most recognizable brands and daily-needs retailers, the property benefits from strong foot traffic, heavy vehicle flow, and a built-in customer base. Neighborhood demand, commuter patterns, and anchor-driven activity converge here, forming a reliable ecosystem for tenant success. With flexible CC-2 zoning, investors gain a future-forward platform for redevelopment or expansion, making this an exceptional opportunity to participate in Burien's ongoing commercial evolution while enjoying predictable cash flow today.

Full Property Details for 15805 1st Ave S

General

  • Price: $3,300,000
  • Taxes: $9,066 (2025)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2449084
  • Updated: 7/14/2026
  • Added to Site: 254 day(s) ago

Rental Information

  • Complex Features: Disabled Access, Signage Included

Interior

  • Flooring: Ceramic Tile, Concrete

Parking

  • Uncovered Spaces: 20

Location

  • Area: 130 - Burien/Normandy Park
  • County: King
  • Subdivision: Burien
  • Driving Directions: From highway 509 south take the 148th street exit, take right and a right turn right on 1st Ave S. On west side of 1st Avenue South, across from Starbucks.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Unspecified
  • Exterior Const.: Cement/Concrete
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • Year Built: 1980
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.4545
  • Lot Size (Sq. Ft.): 19,800
  • Lot Size Source: Public Records
  • Topography: Level
  • Zoning: Commercial, Retail

Financial Considerations

  • Tax Amount: $9,066
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Surveyed: false
  • Property ID: 1221001015
  • Block: 42
  • Lot Number: 5-6-7

Listed by Dinato Luz | Berkshire Hathaway HS NW | (206) 244-6400

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Schools serving 15805 1st Ave S

School District:Highline School District
NameGradesDistance
Gregory Heights Elementary School
16216 19th Avenue Southwest, Burien, WA 98166
K-51.1 mi
Sylvester Middle School
16222 Sylvester Road Southwest, Burien, WA 98166
6-80.3 mi
Highline High School
225 S 152nd St, Burien, WA 98148
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15805 1st Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Price Reduced
$3,300,000
-5.71%
MLS
11/04/2025
Listed
$3,500,000
354.55%
MLS
12/24/2009
Sold
$770,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15805 1st Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,683
7%
$706,500
2%
2024
$9,066
—
$690,900
7%
2024
$9,110
10%
$645,600
—
2022
$8,311
-7%
$645,600
3%
2021
$8,974
—
$627,600
1%
2021
$8,974
5%
$618,900
4%
2020
$8,583
3%
$593,300
-5%
2019
$8,324
-14%
$621,500
1%
2018
$9,624
1%
$616,900
-1%
2017
$9,557
2%
$622,200
-1%
2016
$9,358
-4%
$631,500
-1%
2015
$9,747
4%
$634,700
9%
2014
$9,378
—
$581,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dinato Luz | Berkshire Hathaway HS NW | (206) 244-6400

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15805 1st Avenue S, Burien, WA 98148 (MLS# 2449084) is a Industrial property. 15805 1st Avenue S is currently listed for $3,300,000 and was received on November 04, 2025. Want to learn more about 15805 1st Avenue S? Do you have questions about finding other Industrial real estate for sale in Burien? You can browse all Burien real estate or contact a Coldwell Banker agent to request more information.

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