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Investment Highlights

  • Large truck delivery access confirmed, side lot in active informal use
  • Apartment in building
  • Small loading dock at rear of main building

Executive Summary

This is a land and infrastructure play on Auburn's SR-167 freight corridor, one of the Pacific Northwest's primary industrial arterials. The 0.20-acre parcel carries Commercial / Light Industrial zoning, three-sided vehicle access including large truck delivery capacity, a high-clearance three-bay garage operational today, and a small loading dock. Annual taxes of $3,160 on a $550,000 ask reflect a King County assessment of $250,200, the gap between assessed and ask represents real upside for a buyer who understands this corridor. Comparable C/LI zoned parcels with equivalent SR-167 corridor access in Renton trade at a significant premium. Auburn's completed Environmental Impact Statement eliminates additional SEPA review, and city development fees have been frozen since 2009. The building is an additional asset, offered as-is.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $550,000
Sale Type Investment
Sale Condition Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Distribution
  • Industrial Live or Work Unit
  • Storefront
Total Lot Size 0.20 AC
Zoning DUC - Downtown Urban Center

1 Lot Available

Lot 192105-923

Price $550,000
Price Per AC $2,750,000.00
Lot Size 0.20 AC

Auburn W 65 ft of E 130 ft of N 134 ft of NW¼ of SE¼ Less St

Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
391500-0255
Land Assessment
$156,700
Improvements Assessment
$93,500
Total Assessment
$250,200
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 39935627

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 504 W Main St, Auburn, WA 98001

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