128 Main StAuburn, WA 98002

Property Details for 128 Main St

Year built

1921

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.28 AC

Property size (Sq ft)

53,802 SF

Zone code

DUC

Property type

Investment properties

Property subtype

Live-work space

APN

733140-0055

APU

7331400055

Description

Divine Court, a vibrant retail center located at 128 E Main St, Auburn, WA 98002, presents an exceptional opportunity for businesses seeking prime retail space in King County. This 74,000 square foot multi-tenant property sits on 0.21 acres of land (APN 733140-0055) and currently has 3,900 square feet of vacant space available. The property offers flexible lease options with spaces ranging from 450 to 1,193 square feet, with a minimum divisible space of 787 square feet. This allows for a variety of business types and sizes to thrive within the center. Auburn, a thriving city of approximately 80,000 residents, boasts a blend of urban amenities and natural beauty, offering stunning views of Mount Rainier and a strong local customer base. Its convenient location in the Green River Valley, approximately 25 miles south of Seattle, provides excellent accessibility and visibility. This is an ideal location for businesses seeking high foot traffic and exposure in a dynamic and growing community. The property's strategic location and flexible space options make it an attractive investment for both established businesses and new ventures looking to establish a presence in the heart of Auburn. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $14,558,954

  6.5%

  $13,439,034

  7%

  $12,479,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,427,757

  Geo Method

  $10,361,189

• Alternative Use

  Use

  Valuation

  Residential

  $16,664,402

  Hospitality

  $15,264,503

  Educational

  $12,699,887

  Medical

  $13,136,656

  Retail

  $19,755,380

Location Insight

City

Auburn

County

King

State

Washington

Latitude

47.3072

Longitude

-122.228

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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