For Sale
$7,800,000

122 3Rd StAuburn, WA 98002

Vacant, 18,314 SF, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
111
This 18,314-square-foot medical office building in Auburn, WA, is available for $7,800,000. Built in 2006, the single-story, Class C building sits on a 63,330-square-foot lot and features a complete medical build-out, ideal for an owner-user or value-add investor. The property boasts 94 parking spaces, a significant advantage in a location often challenged by parking availability. Located at 122 & 144 3rd St NE, Auburn, WA 98002, the building is situated within a thriving medical hub, surrounded by dense residential neighborhoods, ensuring strong patient access. The property is vacant, presenting a turnkey opportunity for a medical practice or investor seeking to capitalize on the area's robust healthcare market. The land value is $122.65 per square foot, and the building price per square foot is $425.90. The property is zoned DUC and has two APNs: 049250-0180, 049250-0135, 049250-0145, 1735800285, 1735800290, and 1735800280. The lease type is Absolute NNN. This represents a compelling value-add opportunity well below replacement cost.

Highlights

  • 18,314 SF medical office building in Auburn, WA, available for $7,800,000.
  • Turnkey medical office building, priced below replacement cost.
  • Located in a thriving medical hub with strong patient access.
  • Ample parking (94 spaces).

Property Details for 122 3Rd St

Property type
Office properties, Medical offices
Square Feet
18,314 SF
Class
C
Year Built
2006
Buildings
1
Stories
1
Units
1

Location Insight

City
Auburn
County
King
State
Washington
Latitude
47.3097759
Longitude
-122.2282151
122 3Rd St, Auburn, Washington

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122 3Rd St
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