Nestled in the heart of Olde Burien, 2038 SW 152nd St is a historic corner property dating back to the early 1900s streetcar era - offering timeless charm with modern investment potential. Ideally positioned with high visibility in the coveted Seahurst/Olde Towne Burien neighborhood, this mixed-use asset features three commercial suites and two residential units, all occupied by long-term tenants on flexible month-to-month leases.
This rare ownership opportunity presents strong upside potential, including the ability to increase rents by up to 25% through market-rate adjustments and NNN implementation on commercial spaces. Whether you’re an investor seeking value-add income or an owner-user looking to establish a presence in a thriving community, this legacy property is perfectly poised for its next chapter.