Kent, WA 98032 100 Railroad Avenue S
$2,650,000
35 more
Presented By: John L. Scott, Inc. and NWMLS
- MLS# 2307291
- 11/04/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Turnkey Mixed-Use Investment in Prime Kent Location! This well-maintained building offers 6 spacious residential units on the second floor and 3 retail units on the ground level. The building features a new roof added in 2019 and in 2023 over the restaurant, ensuring low maintenance costs and enhanced value for years to come. With a current cap rate of 6% and promising growth potential, this property is an exceptional chance to maximize returns. Don’t miss out on this excellent investment in a high-traffic location, just steps from Kent station, shops, cafes, and restaurants, this location offers convenience and vibrancy for tenants and customers alike. Perfect for any investor looking to expand their portfolio!
Presented By: John L. Scott, Inc. and NWMLS
Interior Features for 100 Railroad Avenue S
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Interior AmenitiesLaminate
Power Production TypeElectric, Natural Gas
Total Fireplaces
General for 100 Railroad Avenue S
Building Area UnitsSquare Feet
Building FeaturesStorage
Cap Rate6.54
Carport Y/NNo
CityKent
CoolingCentral A/C, Window Unit(s)
CountyKing
DirectionsFrom HWY 167 N take Willis St Exit in Kent, Continue Right onto Willis St follow until you get to Central Ave N. Take a left on E. Meeker St.
Electric Expense1335
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
Insurance Expense4098
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet5836
Lot Size UnitsSquare Feet
MLS Area330 – Kent
ModificationTimestamp2025-07-14T21:09:10.643Z
NWM_ShowMapLinkY
Net Operating Income183131
Number Of Units Total9
PossessionClosing
Possible UseCommercial
Property ConditionGood
Property Style61 – Comm Bldg Ovr 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksTurnkey Mixed-Use Investment in Prime Kent Location! This well-maintained building offers 6 spacious residential units on the second floor and 3 retail units on the ground level. The building feature
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameKent
Tax Annual Amount17036
Tax Year2025
TopographyLevel
Total Actual Rent15791
Virtual TourClick here
Water CompanyCity of Kent
Water Sewer Garbage10305
Year Built1912
Zoning DescriptionCommercial
Exterior for 100 Railroad Avenue S
Building Area Total
Exterior AmenitiesBrick, Cement/Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.134
Total Parking0
Water SourcePublic
Additional Details
Price History
Josh QA1
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