2 Auburn Way N
Auburn WA 98002

2 Auburn Way N

2 Auburn Way N Auburn WA 98002

Listing #: 701387 | Status: Available | Last Modified: 11/26/2025 |

For Sale
Mike George
  • Phone:(425) 586-5618
  • Email:mgeorge@nai-psp.com
  • Office Name:NAI Puget Sound Properties
  • Office Phone:(253) 383-3100
  • Office Website:
Kyle Sterling
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,895,000.0
  • $/SF$ 173.9
  • Listing StatusAvailable
  • Days on Market109
  • Asset ClassRetail, Office
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.54 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF10900
  • Net Rentable Area8250
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF5538
  • Acres0.13
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaAuburn
  • Tax ID #5568200195
  • Additional Parcels
  • ZoningDUC
Construction
  • Year Built1956
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Public Comments

10,900 SF Commercial Building 3 Retail Units + 9 Office Units Small, Easy-to-Lease Units – Below Market Rents 6.54% Current Cap Rate, 8.22% Pro Forma Cap Rate Prime Location on Corner of Auburn Way & Main Street Recent Capital Improvements – 4 New Heat Pumps + Façade Upgrades Price: $1,895,000 ($174/sf)