Property Details

1020 A Street SE
Auburn, WA 98002
$1,280,000
MLS# 2518114 courtesy of NWMLS Listing firm: Kidder Mathews

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1020 A Street SE, Auburn, WA 98002, Auburn, MLS# 2518114

Schedule a Showing

1020 A Street SE, Auburn, WA 98002, Auburn

Request Information

1020 A Street SE, Auburn, WA 98002, Auburn

1 / 5
Office / Retail
Property Type
7,150
Bldg Sq Ft
7.00%
Cap Rate
1979
Year Built

Property Overview

This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield – Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up – Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility – Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential – Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure – Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity – Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County King
Neighborhood South Auburn
Listed May 4, 2026
Structure Type Retail
Parcel Number 3141600315

Financial Summary

Cap Rate 7.00%
Net Operating Income $89,647

Building & Use

Building Sq Ft 7,150
Zoning Commercial,Office,Retail
Possible Use Commercial, Office, Retail
Lot Size 12,184 sqft
Year Built 1979

Exterior & Lot

Lot Size 0.28 sqft
Year Built 1979
Sewer Sewer Connected

Community & Access

Directions Use Apple/Google Maps

Location

City Auburn
County King
Coordinates 47.29823, -122.22853

Additional Information

Possession Array
Listed By
Kevin G. Verger
Kidder Mathews

Schedule a Showing

Have a Question?

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1020 A Street SE, Auburn, WA 98002, Auburn, MLS# 2518114