525 East Fairhaven Avenue, Burlington, WA 98233

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Listing Broker: American Dream R. E. Services; Malia Morin; ; Selling Office: John L. Scott Skagit.

Sold Price
$500,000
List Price
$499,000
Status
SOLD
MLS#
2457351
Closing Date
Feb 05, 2026
Days on Market
46
Annual Tax Ammount
4057
Internet Provider
Buyer to Verify

Property Description

Prime commercial investment opportunity in Burlington! Located at 525 East Fairhaven Ave, this 7,812 SQFT building features four versatile retail units ideal for shops, services, food/beverage, or professional use. Excellent visibility on a high-traffic corridor with strong signage potential and convenient on-site parking. Positioned in a growing trade area with consistent customer draw from across Skagit County. Perfect for investors or owner-users seeking flexible space and long-term upside. Properties with this visibility and versatility are rare-don’t miss out!

Additional Information

Community
Burlington
Building Condition
Fixer
Style
75 - Retail
Year Built
1928
Roof
Composition
Tax Year
2025
Potential Terms
Cash, Rehab Loan
Flooring
Hardwood
Driving Directions
From I-5 Exit 230, head east on Hwy 20, turn left on S Burlington Blvd, then right on Fairhaven Ave. Continue about 1 mile to reach 525 E Fairhaven Ave.
Energy Source
Electric, Natural Gas
Net Operating Income
$32,743
Gross Adjusted Income
$39,300
Gross Scheduled Income
$39,300
Cap Rate
6
Total Expenses
$6,557
Based on information submitted to the MLS GRID as of . 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.
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