Provided by NWMLS, Listed by John L. Scott, Inc
Active
100 Railroad Avenue S
Kent WA, 98032
$2,800,000
Active
Commercial
Built in 1912
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!
2307291
MLSⓇ ID
November 4, 2024
Listed
December 18, 2024
Updated
Map
100 Railroad Avenue S
Kent WA, 98032
Interior Features
Interior Features
Laminate, Wall to Wall Carpet
Floor Description
Laminate, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Window Unit A/C
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.13 Acres
Exterior Features
Brick, Cement/Concrete
Roof
Torch Down
Sewer
Sewer Connected
Other Property Details
Area Name
330 - Kent
Taxes
$16,416
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
King
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/23/2024 at 3:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 12/23/2024 at 3:00 AM UTC