112 E Main St - Storefront Retail/Residential FOR SALE


Auburn, WA 98002- Downtown Auburn
$2,300,000 USD
253-307-2244
112 E Main St, Auburn, WA for Sale
$2,300,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 7.09% Cap Rate

112 E Main St
Auburn, WA 98002
Downtown Auburn


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,156 SF

ZONING

DUC

APN/PARCEL ID

733140-0030

ASK ABOUT THIS PROPERTY

Tia YeoSkyline Properties, Inc.More Info
253-307-2244

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Tia YeoSkyline Properties, Inc.More Info
253-307-2244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.