Prime Multi-Parcel Investment Opportunity in Downtown Auburn
This listing includes two parcels being sold together:
Parcel #7331400030: 0.09-acre lot with a 5,320 SF mixed-use building
Parcel #7331400008: 0.07-acre lot with a 2,648 SF retail building
Total Land Area: 0.16 acres
Total Building Area: 7,968 SF
Zoning: Downtown Urban Center (City of Auburn)
Strategically located in the heart of Auburn’s growing downtown, this corner property features a solid tenant mix of restaurant, retail, and residential units. It’s anchored by the Rainbow Café, a beloved community staple in operation for 89 years, with a new lease signed at the end of 2023.
Recent Improvements / Investment Highlights:
New exterior siding installed (2024)
Fully renovated apartment unit (2024)
Updated roof (2022)
New restaurant lease (2023)
Front street parking plus rear parking lot
Located next to Safeway and the future Auburn Community Arts Center
Walkable to the Auburn train station
Zoned Downtown Urban Center – ideal for long-term value and growth
Future Development Upside:
Directly across from the site is a major civic development project including a new park and city theatre, scheduled for completion in Spring 2026. This public investment is part of Auburn’s long-term revitalization strategy, helping establish this area as prime real estate.
Please respect current tenants and businesses.
Do not disturb occupants.
Contact listing broker for full details and showing instructions.