1. Washington
  2. Kent
  3. 100 Railroad Avenue S
$2,650,000

100 Railroad Avenue S, Kent, WA 98032

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon5,837sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

This listing courtesy of Robin Root James, John L. Scott, Inc.

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!

Listing Status:
Active
Listing Office:
John L. Scott, Inc. : 425-454-2437
Listing Agent:
Robin Root James : 425-227-9200
MLS ID:
2307291
  • General: Laminate
  • Flooring: LaminateVinylCarpet
  • A/C: Central A/CWindow Unit(s)
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Robin Root James, John L. Scott, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kent Elementary School

24700 64th Ave S, Kent, WA, 98032

Grades KG-5

0.91 miles away

M

Mill Creek Middle School

620 Central Ave N, Kent, WA, 98032

Grades 6-8

0.30 miles away

R

Regional Justice Center

401 4th Ave N, Kent, WA, 98032

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.