$1,895,000 USD
425-586-5608
2 Auburn Way N
Auburn, WA 98002
Downtown Auburn
OVERVIEW
10,900 SF Commercial Building
3 Retail Units + 9 Office Units
Small, Easy-to-Lease Units – Below Market Rents
6.54% Current Cap Rate, 8.22% Pro Forma Cap Rate
Prime Location on Corner of Auburn Way & Main Street
Recent Capital Improvements – 4 New Heat Pumps + Façade Upgrades
Price: $1,895,000 ($174/sf)
FOR SALE DETAILS
PRICE
$1,895,000 USD
PRICE/SF
$174 USD /SF
CAP RATE
6.54%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1956
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.13 AC
LAND SF
5,663 SF
ZONING
C2
APN/PARCEL ID
556820-0195
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425-586-5608
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425-586-5608
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