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← Back to search results/Burien, WA/116 SW 148th Street
Active
Listed by Hanna Lee • Keller Williams Realty PS.
FOR SALE

$150,000

Est. $831/mo

116 SW 148th Street, Burien, WA 98003

• Listed Sep 7, 2026•42 days active · 42 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Keller Williams Realty PS; Hanna Lee; 206-422-4328; hannalee@kw.com

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Listing Broker: Keller Williams Realty PS; Hanna Lee; 206-422-4328; hannalee@kw.com

About this home

Turnkey bubble tea asset sale opportunity in Burien! This 1,496 SF space offers a great opportunity for an owner-operator to take over an existing beverage shop setup without starting from scratch.The space is well suited for a bubble tea, coffee, dessert, or other beverage concept. Existing improvements and equipment can help reduce startup costs and streamline the transition for a new operator.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.0343 acres
Parking
None
Price / sq ft
Not listed

Listed by Hanna Lee • Keller Williams Realty PS

Listing updated: October 5, 2026 at 07:54am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2578682

Around this home

RexMont OfferEdge™

How much should you offer?

116 SW 148th Street, Burien, WA 98003

List price
$150,000
Down payment
$30,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Business opportunity facts

As entered by the listing broker on Northwest MLS

Business

Business type
Food And Beverage
Business type information
Bubble Tea
Year established
2021
Years with current owner
5
Employees
10
Hours of operation
Mon-Sun 1-10PM
Franchise
false

Financials

Annual gross sales
$1
Annual expenses
$1
Real property included
Lease Only

Premises & lease

Lease terms
More Than 5 Yrs
Annual rent
$39,888
Lease assignable
No
Parking spaces
30
Financing
Cash

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$982 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Keller Williams Realty PS; Hanna Lee; 206-422-4328; hannalee@kw.com

Market pulse

Burien is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 71 days.

Want a deeper read on this market?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 9:46 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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