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504 W Main St - House of Vacuums 0.2 Acres of Industrial Land Offered at $763,295 CAD in Auburn, WA 98001
Investment Highlights
- Large truck delivery access confirmed, side lot in active informal use
- Apartment in building
- Small loading dock at rear of main building
Executive Summary
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.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 192105-923
| Price | $763,295 CAD | Lot Size | 0.20 AC |
| Price Per AC | $3,816,477.48 CAD |
| Price | $763,295 CAD |
| Price Per AC | $3,816,477.48 CAD |
| Lot Size | 0.20 AC |
Auburn W 65 ft of E 130 ft of N 134 ft of NW¼ of SE¼ Less St
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 391500-0255 | Total Assessment | $348,489 CAD |
| Land Assessment | $218,258 CAD | Annual Taxes | -$1 CAD |
| Improvements Assessment | $130,231 CAD | Tax Year | 2024 |
Property Taxes
Parcel Number
391500-0255
Land Assessment
$218,258 CAD
Improvements Assessment
$130,231 CAD
Total Assessment
$348,489 CAD
Annual Taxes
-$1 CAD
Tax Year
2024
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SimpliHOM Residential
504 W Main St - House of Vacuums
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