2 Auburn Way N - Storefront Retail/Office FOR SALE


Auburn, WA 98002- Downtown Auburn
$1,650,000 USD
425-586-5608
2 Auburn Way N, Auburn, WA for Sale
$1,650,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | 7.51% Cap Rate

2 Auburn Way N
Auburn, WA 98002
Downtown Auburn


OVERVIEW

Investment or Owner-User Opportunity Fully Leased Building - 7.5% Current Cap Rate Month-to-Month Leases Allow for User Buyer Small, Easy-to-Lease Units – Below Market Rents Prime Location on Corner of Auburn Way & Main Street Recent Capital Improvements – 4 New Heat Pumps + Façade Upgrades Price: $1,650,000 ($151/sf)

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.51%

% 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

ASK ABOUT THIS PROPERTY

Kyle SterlingNAI Puget Sound PropertiesMore Info
425-586-5608

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Kyle SterlingNAI Puget Sound PropertiesMore Info
425-586-5608

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