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2 Auburn Way N 10,900 SF 100% Leased Retail Building Auburn, WA 98002 $2,460,282 CAD ($225.71 CAD/SF) 7% Cap Rate

Mixed Use Properties Washington Auburn 2 Auburn Way N, Auburn, WA 98002

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EXECUTIVE SUMMARY

10,900 SF Commercial Building
3 Retail Units + 9 Office Units
Small, Easy-to-Lease Units – Below Market Rents
7.00% Current Cap Rate, 8.80% Pro Forma Cap Rate
Prime Location on Corner of Auburn Way & Main Street
Recent Capital Improvements – 4 New Heat Pumps + Façade Upgrades
Price: $1,770,000 ($162/sf)

ATTACHMENTS

NAI PSP Marketing Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,900 SF
Building Class
C
Year Built
1956
Price
$2,460,282 CAD
Price Per SF
$225.71 CAD
Cap Rate
7%
NOI
$172,220 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.92
Lot Size
0.13 AC
Zoning
C2
Frontage
122’ on Auburn Way

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Northwest Contractors
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Surd I Imaging
  • Information
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Northwest Contractors Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Surd I Imaging Information - $9.99 Lorem Ipsum Jan 0000
1 1
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Walker's Paradise (90)
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Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Safeway
Bank of America
Buddy's Home Furnishings
Keybank
Chase Bank
Starbucks
Bigfoot Java
Planet Fitness
Fred Meyer Pharmacy
Denny's

PROPERTY TAXES

Parcel Number 556820-0195 Improvements Assessment $1,983,837 CAD
Land Assessment $230,705 CAD Total Assessment $2,214,542 CAD

PROPERTY TAXES

Parcel Number
556820-0195
Land Assessment
$230,705 CAD
Improvements Assessment
$1,983,837 CAD
Total Assessment
$2,214,542 CAD
(425) 586-5608

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38973154

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 2 Auburn Way N, Auburn, WA 98002

The Downtown Auburn Retail Property at 2 Auburn Way N, Auburn, WA 98002 is currently available. Contact NAI Puget Sound Properties for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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2 Auburn Way N
(425) 586-5608 x

2 Auburn Way N

Kyle Sterling
(425) 586-5608

Michael George
(425) 586-5600

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