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$999,999
2501776 MLS ACTIVE Status
Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

12644 Des Moines Memorial Dr, Burien

Listing courtesy of John L. Scott, Inc..

$1,925,000
2464787 MLS ACTIVE Status
Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large office space suitable for a property manager.

1017 SW 154th Street, Burien

Listing courtesy of Paragon Real Estate Advisors.

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