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1020 A Street SE, Auburn, WA 98002

(Active)
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Listed by: Kevin Verger - Kidder Mathews

1020 A Street SE, Auburn, WA 98002

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est.$1,280,000/month.
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beds. baths. 12,185 Sqft.

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1020 A Street SE, Auburn, WA 98002

$1,280,000
Active
est.$1,280,000/month.
Start My Approval
beds baths 12,185 Sq.ft.
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Property details for 1020 A Street SE, Auburn, WA 98002
This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield - Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up - Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility - Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential - Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure - Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity - Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.
Broker details: Kidder Mathews

Listed by: Kevin Verger
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Property Description

MLS Information

  • Listing: 2518114
  • Listing Last Modified: 2026-05-05

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1979
  • Subdivision: South Auburn

Geographic Data

  • County: King
  • MLS Area: South Auburn
  • Directions: Use Apple/Google Maps
Features

Interior Features

    Exterior Features

      Parking

        Utilities

        • Heating: None
        Property Information

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          Based on information submitted to the MLS GRID as of Sat May 30 2026 (7.52 AM). IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. 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. The three tree icon represents listings courtesy of NWMLS.
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