Auburn, WA 98002,1020 A ST SE
Listed by Keller Williams Realty
Bought with Keller Williams Realty

$1,350,000

Est. payment /mo

$1,350,000

Est.Price: ?

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1020 A ST SE Auburn, WA 98002

0.28 Acres Lot

SOLD DATE : 06/02/2022

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Auburn

MLS Listing ID 1860524

Sold Date 06/02/22

Style 60 - Comm Bldg Und 10K

Year Built 1979

Lot Size 0.280 Acres

Property Sub-Type Commercial Industrial

Property Description

Office/retail investment opportunity for sale in Auburn. Two-story building on just over a quarter acre with 8 units at 98% occupancy historically. Good mix of well-established long term tenants, most on short, modified gross leases, so tremendous potential to increase cap rate for a future owner. Abundant parking with easy ingress and egress from A St as well as excellent visibility. New heat pumps for several suites, and a low Maintenance metal roof to boot. Prominent monument sign with 6 sign spaces and the building address at the top.

Location

State WA

County King

Area 310 - Auburn

Interior

Fireplace false

Others

Senior Community No

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Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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