Marcus & Millichap, a leading commercial real estate investment firm, recently facilitated the sale of 76 Gas Station and Development in Burien, Washington. The mixed-use property spans over 4,000 square feet and was sold for $4.1 million.
RJ Vara from Marcus & Millichap’s Seattle office served as the exclusive listing agent for this transaction on behalf of the seller – a partnership. The buyer was represented by Anne Goldman and RJ Vara themselves who are both investment specialists at Marcus & Millichap’s Seattle office.
The prime location of 76 Gas Station and Development at 18040-18032 First Avenue S attracted numerous interested parties resulting in over ten qualified offers despite facing challenges with false positive environmental testing. To ensure a smooth deal closure that satisfied both parties involved, short-term seller financing was negotiated between them.
This recent sale is another success story for Marcus & Millichap as they continue to excel in facilitating profitable commercial real estate transactions across various markets nationwide.
