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Listed by John L. Scott, Inc.
$ 2,800,000
Est. payment /mo
Active
100 Railroad AVE S Kent, WA 98032
5,836 Sqft Lot
UPDATED:
02/05/2025 04:06 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Kent
MLS Listing ID 2307291
Style 61 - Comm Bldg Ovr 10K
Year Built 1912
Annual Tax Amount $16,416
Lot Size 5,836 Sqft
Property Description
Prime mixed-use investment opportunity! This well-maintained building offers 6 spacious residential units on the second floor and 3 retail units on the ground level. The building features a new roof added in 2019 and in 2023 over the restaurant, ensuring low maintenance costs and enhanced value for years to come. With a current cap rate of 6% and promising growth potential, this property is an exceptional chance to maximize returns. Don't miss out on this excellent investment in a high-traffic location, just steps from Kent station, shops, cafes, and restaurants, this location offers convenience and vibrancy for tenants and customers alike. Perfect for any investor looking to expand their portfolio!
Location
State WA
County King
Area 330 - Kent
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Cement/Concrete
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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