Auburn Homes with 75 - Retail Style

Auburn Homes with 75 - Retail Style

Welcome to Auburn, Washington – a vibrant city nestled in the heart of King County that seamlessly blends urban convenience with a charming small-town atmosphere. Known for its lush landscapes, Auburn offers residents a rich tapestry of parks, recreational activities, and a thriving community spirit. With a population of over 80,000, this dynamic city is perfect for families, young professionals, and retirees alike.

Auburn boasts a diverse array of homes, with a particular highlight being the retail-style properties that cater to modern lifestyles. Homes in this category are designed to enhance the living experience with open floor plans, stylish finishes, and proximity to local amenities. Imagine stepping out of your front door and finding yourself just moments away from boutique shops, cozy cafés, and vibrant markets. This retail-style housing not only provides convenience but also fosters a sense of community, allowing residents to enjoy the best of both worlds – the comforts of home and the excitement of city life.

In addition to its residential appeal, Auburn is rich in history and culture. Visit the historic downtown area, where you can explore charming storefronts and local art galleries. The city also hosts numerous events throughout the year, including farmers' markets and seasonal festivals, creating a lively atmosphere that brings neighbors together.

Whether you're searching for your dream home or looking to invest in a property that embodies the essence of community living, Auburn's retail-style homes offer a unique opportunity to enjoy all that this remarkable city has to offer. Discover the perfect blend of comfort, convenience, and charm in Auburn, Washington!

Newest Auburn Homes with 75 - Retail Style

1020 A Street SE, Auburn
$1,280,000
2518114 MLS ⋅ ACTIVE Status
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.

1020 A Street SE, Auburn

Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com

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