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311 3rd Street NE

Auburn, WA 98002
  • $1,250,000
  • STATUS: Sold
  • ON SITE: 246 Days
  • ID#: 1945984
Sold - 02/02/2023
$1,250,000
SOLD - 02/02/2023
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Northwest MLS logoListing Courtesy of John L. Scott, Inc.: 253-841-7000.


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.

Listing by John L. Scott, Inc. .
Sold by Kw Mountains To Sound Realty.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at The Preview Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-05T15:14:07.86. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-05T15:14:07.86. 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.
www.jeffsnowgroup.com/homes/129501848
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311 3rd Street NE Auburn, WA 98002

  • Price: $1,250,000
  • Status: Sold
  • On Site: 246 Days
  • Updated: 81 min ago
  • ID#: 1945984
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1979
Built
Neighborhood:
Auburn
County:
King
Area:
Auburn
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.
Exterior Features

Carport YN No Construction Methods Steel & Concrete Covered Spaces 0 Exterior Features StuccoWood Lot Size Dimensions 100X110 Open Parking YN No Parking Total 21 Roof Flat Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring LaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirLaminateWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Buyer Financing Conventional Cumulative Days On Market 82 Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 94900 Possession Closing Possible Use CommercialIndustrialOffice Power Company Pse Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Auburn Special Listing Conditions None Tax Annual Amount 6900 Tax Year 2022 Water Company City Of Auburn Water Source Public Year Built Effective 2009 Zoning Class CommercialIndustrial-LightOffice Zoning Jurisdiction City

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Snow Group at The Preview Group and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at The Preview Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-05T15:14:07.86. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-05T15:14:07.86. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1945984-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1945984-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1945984-1.jpg
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The Snow Group at The Preview Group
2150 North 107th Street #170
Seattle WA, 98133
Northwest MLS logoListing Courtesy of John L. Scott, Inc.: 253-841-7000.