Bought with KW Mountains to Sound Realty
$1,250,000
$1,250,000
For more information regarding the value of a property, please contact us for a free consultation.
311 3rd ST NE Auburn, WA 98002
0.25 Acres Lot
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Auburn
MLS Listing ID 1945984
Sold Date 02/02/23
Style 60 - Comm Bldg Und 10K
Year Built 1979
Annual Tax Amount $6,900
Lot Size 0.253 Acres
Lot Dimensions 100x110
Property Sub-Type Commercial Industrial
Property Description
Excellent investment opportunity with a proforma cap rate of 7%. Multi-tenant office building in downtown Auburn perfect for many small and medium businesses. 5,600 SF retail/office space renovated in 2009, divisble to 4 private suites – one with a 7 foot bay door. 2 conveniently located restrooms on the main floor – wheelchair accessible, kitchenette/dining space. 4 gas & 4 electric meters, plenty of storage space, extra closets & 21 parking spaces! Located on busy Auburn Way close to medical center, shopping plazas and more. Zoned DUC – Downtown Urban Center.
Location
State WA
County King
Area 310 - Auburn
Interior
Interior Features Forced Air, Laminate, Wall to Wall Carpet
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Stucco, Wood
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.