ActiveCommercial Industrial

1020 A Street SE

Auburn, WA 98002· South Auburn

$1,280,000

MLS# NWM2518114

0.2797

Acres

137

Days Listed

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Listed By:
Kevin G. VergerKidder Mathews

About This Home

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.

Listing Updated: May 5, 2026, 3:28 PM UTC

Photos Updated: May 5, 2026

OnSite last checked: Sep 17, 2026, 5:13 PM UTC|Source: NWMLS as Distributed by MLS Grid #NWM2518114

Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by OnSite Real Estate Group, MLS Grid, or the MLS, and should be verified by the buyer. 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 or agent presenting the information.

Property Details

Property TypeCommercial Industrial
StyleRetail
Year Built1979
Lot Size12,185 sqft
Lot Acres0.2797 ac
SewerSewer Connected
ZoningCommercial,Office,Retail
Lot SourcePublic Records
Days on Market137
ListedMay 4, 2026

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Listed By

KG

Kevin G. Verger

Kidder Mathews

360-705-2800

Questions? Contact OnSite

AB

André Bohall

WA Lic. #25031564 · OnSite Real Estate Group

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Listing data provided by NWMLS as distributed by MLS Grid. Data last refreshed: Sep 17, 2026, 5:13 PM UTC.

Based on information submitted to the MLS Grid as of Thu, Sep 17, 2026. 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.

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, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

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