100 Railroad AVE S, Kent, WA 98032 - MLS#2307291 - Brian Gass

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Brian Gass

brian@1realty.com +1(360) 201-0908

Listed by John L. Scott, Inc.

$2,800,000

Est. payment - /mo

5,836 Sqft Lot

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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 $17,036

Lot Size 5,836 Sqft

Property Sub-Type Commercial Industrial

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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Brian Gass

+1(360) 201-0908

Designated Broker | License ID: 26737

Designated Broker License ID: 26737

100 Railroad AVE S Kent, WA 98032

Brian Gass

Key Details

Location

Interior

Exterior

Building

Others

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