South Auburn Homes with 75 - Retail Style

South Auburn Homes with 75 - Retail Style

Welcome to South Auburn, a vibrant neighborhood nestled in the heart of Auburn, Washington. This charming community is known for its welcoming atmosphere, lush green spaces, and a perfect blend of suburban tranquility and urban convenience. South Auburn boasts a rich tapestry of amenities, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of South Auburn is its diverse selection of homes. Whether you’re seeking a cozy single-family residence or a modern townhome, this neighborhood offers a variety of options to suit every lifestyle. With homes designed in a retail style, you’ll find architectural charm that reflects the character of the area. These residences often feature open floor plans, ample natural light, and inviting outdoor spaces, perfect for entertaining or relaxing after a long day.

The community is well-connected, with easy access to major highways and public transportation, making commuting a breeze. Residents can enjoy a plethora of nearby shopping, dining, and recreational opportunities. South Auburn is also home to several parks and trails, providing a perfect backdrop for outdoor activities such as hiking, biking, and picnicking.

In addition to its scenic beauty and convenient location, South Auburn fosters a strong sense of community. Neighborhood events, farmers' markets, and local festivals bring residents together, creating lasting friendships and cherished memories.

Discover the charm of South Auburn – a neighborhood where comfort meets convenience, and your dream home awaits!

Newest South Auburn Homes with 75 - Retail Style

$1,280,000
2518114 MLS ACTIVE Status
This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield - Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up - Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility - Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential - Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure - Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity - Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.

1020 A Street SE, Auburn

Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com

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