2 Auburn Way N
Auburn WA 98002
2 Auburn Way N
2 Auburn Way N Auburn WA 98002
Listing #: 706727 | Status: Available | Last Modified: 4/1/2026 |
For Sale
- Phone:(425) 586-5618
- Email:mgeorge@nai-psp.com
- Office Name:NAI Puget Sound Properties
- Office Phone:(253) 383-3100
- Office Website:
- Agent Phone:(425) 586-5608
- Agent Email:ksterling@nai-psp.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,650,000.0
- $/SF$ 151.4
- Listing StatusAvailable
- Days on Market111
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.51 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- 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 TypeRetail
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAuburn
- Tax ID #5568200195
- Additional Parcels
- ZoningDUC
- Year Built1956
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Investment or Owner-User Opportunity Fully Leased Building - 7.5% Current Cap Rate Month-to-Month Leases Allow for User Buyer Small, Easy-to-Lease Units – Below Market Rents Prime Location on Corner of Auburn Way & Main Street Recent Capital Improvements – 4 New Heat Pumps + Façade Upgrades Price: $1,650,000 ($151/sf)