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214-224 W Meeker St
Kent, WA 98032
Bouldron Building · Retail Property For Sale
EXECUTIVE SUMMARY
Mixed-Use building near Kent Station
Investment opportunity
Ideal Location
Five ground floor retail suites
12 second floor apartment units
Sale Price: $2,650,000 ($158/SF)
Investment opportunity
Ideal Location
Five ground floor retail suites
12 second floor apartment units
Sale Price: $2,650,000 ($158/SF)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
16,000 SF
Building Class
C
Year Built
1936
Price
$2,650,000
Price Per SF
$165.63
Cap Rate
8.82%
NOI
$233,730
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.93
Lot Size
0.19 AC
Zoning
DC, Kent
Frontage
90’ on 2nd Ave
PROPERTY TAXES
| Parcel Number | 982570-1470 | Improvements Assessment | $1,718,200 |
| Land Assessment | $241,300 | Total Assessment | $1,959,500 |
PROPERTY TAXES
Parcel Number
982570-1470
Land Assessment
$241,300
Improvements Assessment
$1,718,200
Total Assessment
$1,959,500
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