MLS #2523372 / Listing provided by NWMLS & COMPASS.
$550,000
504 W Main St. W
Auburn,
WA
98001
Year Built
This is a land and infrastructure play on Auburn's SR-167 freight corridor, one of the Pacific Northwest's primary industrial arterials. The 0.20-acre parcel carries Commercial / Light Industrial zoning, three-sided vehicle access including large truck delivery capacity, a high-clearance three-bay garage operational today, and a small loading dock. Annual taxes of $3,160 on a $550,000 ask reflect a King County assessment of $250,200, the gap between assessed and ask represents real upside for a buyer who understands this corridor. Comparable C/LI zoned parcels with equivalent SR-167 corridor access in Renton trade at a significant premium. Auburn's completed Environmental Impact Statement eliminates additional SEPA review, and city development fees have been frozen since 2009. The building is an additional asset, offered as-is. More info in supplements.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 3
Structure
- Roof: Composition
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Acres: 0.2
- Foundation: Poured Concrete
Lot Details
- Acres: 0.2
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer Company: Auburn Water and Sewage
- Sewer: Sewer Connected
- Water Company: Auburn Water and Sewage
- Water Source: Public
Debbie Burk
Broker | REALTOR®
Send Debbie Burk an email