202 8th Street SE Unit #SE, Auburn, WA 98002

$500,000

Listing courtesy of John L. Scott, Inc.. Selling Office: ZNonMember-Office-MLS.

Sold Price
$500,000
List Price
$525,000
Status
SOLD
MLS#
1393790
Closing Date
May 31, 2019
Days on Market
74
Annual Tax Ammount
3756

Property Description

2400 SF of fully fenced commercial building on an excellent sized corner lot with parking & great visibility. Great exposure & easy freeway access next to Hwy18. Building features include warehouse, storage & work space with 2 offices, 2 bathrooms, kitchenette & large garage. 2 roll up doors w/ load/unloading bays, tons of storage & work space, solid heating/cooling system make this an sound investment. Don't miss your the opportunity to make this the next best investment!

Additional Information

Community
Downtown - Auburn
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1981
# of Assigned Spaces
8
Roof
Metal
Tax Year
2018
Potential Terms
Cash Out, Conventional
Interior Features
Concrete
Flooring
Concrete, Vinyl
Driving Directions
Take WA-167 S to WA-18 E. Take WA-164 E/Auburn Way S to 8th St SE. Turn right onto C St SE. Turn right onto 8th St SE. Destination on the left.
Net Operating Income
$32,224
Gross Adjusted Income
$32,244
Gross Scheduled Income
$36,000
Cap Rate
6
Vacancy Rate
5
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