Emma Lazo

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Listing provided courtesy of RE/MAX Town CenterNWMLSas Distributed by MLSGrid- MLS# NWM2463004MLS Provider

16915 SE 272nd Street #106Covington, WA 98042

Commercial · 0.06 Acres
$280,000 Active

16915 SE 272nd Street #106 Overview

Visits:
5

Excellent business opportunity to own this well-established resturant over 20 years in business! It's a profitable business located in a busy shopping center with plenty of parking space, near by Costco. Fully equipped kitchen with class one hood, has 70+ seats. walk-in cooler and walk-in refrigerator, grease trap. This is not a franchise opportunity. The sapce and equipment are all set for you to start fresh with your own concept.

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16915 SE 272nd Street #106 Facts & Features

  • Type Commercial
  • Lot 0.06 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Annual Expenses: 1
  • Annual Gross Sales: 1
  • Annual Rent: 1

Building Information

  • Year Established: 1999

Business Information

  • Business Name: Golden Phoenix Chinese Resturant

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 330 - Kent
  • Subdivision Name: Covington

Rent/Lease Information

  • Lease Assignable: No

General Information

  • Listing Terms: Cash Out
  • Parcel Number: 603169893
  • Property Condition: Good
  • Property Sub Type: Business Opportunity
  • Property Type: Business Opportunity
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

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

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Unit Information

  • Unit Number: 106

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 100
  • Parking Uncovered Total: 100

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Square Feet: 2555
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

General Information

  • Carport: No
  • Covered Spaces: 0

16915 SE 272nd Street #106 Neighborhood

Community

98042 (Covington) Demographics

40
Median Age
1,658
Population Density (per sq. mile)
43%
College Educated
$105,166
Estimated Median Income
14,006
Estimated Total Home Owners
2,804
Estimated Total Renters
83% / 17%
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.

16915 SE 272nd Street #106 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.

16915 SE 272nd Street #106 Market Data

Based on the last 30 days in this zip code

$787,576
Average List Price
$350
Average Price per Square Foot
46
Properties Sold
73
Average Days on Market
249
Properties for Sale
Calculations provided by Reliance Network

16915 SE 272nd Street #106 History

Date Event Value Agent
12/19/2025Source: NWMLS Added to Database
December 19, 2025