230 - 240 Auburn Way S
Auburn WA 98002
![](https://www.commercialmls.com/Media/Listing/web/684138.jpg)
230 & 240 Auburn Way S
230 - 240 Auburn Way S Auburn WA 98002
Listing #: 684138 | Status: Available | Last Modified: 7/25/2024 |
For Sale
- Phone:(425) 586-5608
- Email:ksterling@nai-psp.com
- Office Name:NAI Puget Sound Properties
- Office Phone:(253) 383-3100
- Office Website:
![](/Media/Agent/28659.jpg)
- Call Listing AgentNo
- Use DiscretionNo
![](https://www.commercialmls.com/Media/Listing/web/684138.jpg)
- Listing Price$ 2,325,000.0
- $/SF$ 193.8
- Listing StatusAvailable
- Days on Market49
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.21 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings2
- # of Floors2
- # of Units8
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12000
- Net Rentable Area12000
- Total Office SF12000
- Largest Contiguous SF
- Lot SF16117
- Acres0.37
- Property TypeOffice
- Office TypeMulti-Tenant
- InvestmentYes
- Building ClassC
- CountyKing
- Vicinity
- Location DescriptionLocated on Auburn Way S in between Burger King & car wash
- Second Address
- Cross Street2nd St SE
- Market AreaAuburn
- Tax ID #7331400630
- Additional Parcels
- ZoningDUC
- # Covered Spaces0
- # Uncovered Spaces36
- Total Parking Spots36
- Parking Ratio2.8/1000
- Year Built1975
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry
100% Occupied Commercial Building 7.20% Year-1 Cap Rate Below Market Rents High Annual Rental Increases Strong Mix of Retail & Office Tenants 12,000 SF Building – Low Price Per Square Foot Sale Price: $2,325,000 ($193/sf)
There are 8 office spaces in the building - 4 ground floor and 4 on the second floor. Located in the heart of downtown Auburn, this office building is close to the Supermall, Wal-Mart, Safeway and other business amenities. Location is easily accessible fr