325 E Main Street, Auburn, WA 98002
- $749,900
Listing courtesy of Newberry Realty Renton.
- List Price
- $749,900
- Status
- ACTIVE
- MLS#
- 2546612
- Days on Market
- 23
- Annual Tax Ammount
- 5664
Property Description
Excellent investment and owner -user opportunity in the heart of downtown Auburn. This 3000 SF commercial building offers immediate income with an estimated church tenant paying $3000 per month, while the remaining space is ideal for an owner-user or additional rental income. High-visibility main street location with flexible commercial use, strong traffic exposure, and convenient access to SR- 167, Highway 18, and downtown amenities. An outstanding opportunity for investors, business owners, medical or professional offices, retail, service business, or a nonprofit organization. Commercially priced at only $236.67 per square foot, offering exceptional value in today's commercial market
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Additional Information
- Community
- Auburn
- Style
- 73 - Office
- Year Built
- 1954
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional
- Driving Directions
- Use map
- Electric Expenses
- 2955
- Energy Source
- Electric
- Net Operating Income
- $51,128
- Gross Adjusted Income
- $64,680
- Gross Scheduled Income
- $66,000
- Water/Sewer/Garbage Expenses
- $1,812
- Cap Rate
- 7
- Vacancy Rate
- 2
- Total Expenses
- $13,552
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.