Listing provided courtesy of Keller Williams EastsideNWMLSas Distributed by MLSGrid- MLS# NWM2461542MLS Provider

15310 1st Avenue SBurien, WA 98148

Commercial · 0.34 Acres
$2,200,000 Active

15310 1st Avenue S Overview

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***Be sure to ask about our LENDER-PAID 1-0 BUYDOWN option! Enjoy an INTEREST RATE THAT IS 1% LOWER DURING YOUR FIRST YEAR.*** Excellent investment and redevelopment opportunity. Commercial mixed-use–zoned property featuring two buildings on three separate tax parcels totaling 31,212 SF, with 150 feet of 1st Ave S frontage and strong Hwy 509 exposure. The main 6,775 SF building includes an established restaurant and lounge on the upper level, with a vacant lower level offering additional income or redevelopment potential. A freestanding 357 SF building provides supplemental revenue. New mixed-use zoning allows for flexible commercial and residential redevelopment. Hold as-is or reposition—numerous future possibilities. Buyer to verify all information.

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15310 1st Avenue S Facts & Features

  • Type Commercial
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Building Information

  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 130 - Burien/Normandy Park
  • Subdivision Name: Burien

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2023049242
  • Possible Use: Business,Commercial,Industrial
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 6775
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Natural Gas

Exterior

Parking Information

  • Open Parking: No

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.3444
  • Lot Size Square Feet: 15000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Structure Type: Unspecified

General Information

  • Carport: No
  • Number Of Units Total: 1
  • Sewer: Sewer Connected

Unit Information

15310 1st Avenue S Neighborhood

Community

98148 (Normandy Park) Demographics

36
Median Age
3,738
Population Density (per sq. mile)
33%
College Educated
$70,050
Estimated Median Income
1,955
Estimated Total Home Owners
2,549
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15310 1st Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15310 1st Avenue S Market Data

Based on the last 30 days in this zip code

$518,125
Average List Price
$368
Average Price per Square Foot
9
Properties Sold
35
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network

15310 1st Avenue S History

Date Event Value Agent
6/1/2026Source: NWMLS Price Reduction
$2,200,000 -26.7%
12/19/2025Source: NWMLS Added to Database
December 19, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021