316 Ellingson RdAlgona, WA 98001

Property Details for 316 Ellingson Rd

Year built

1982

Construction

STEEL FRAME

Lot size

5.90 AC

Property size (Sq ft)

56,430 SF

Zone code

M-1

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

362104-9004

APU

3621049004

Description

This exceptional industrial property, located at 316 Ellingson Rd, Algona, WA 98001, presents a significant investment opportunity. The 63,118 square foot building sits on a 6.53-acre lot and is zoned M1 (Light Industrial), offering versatility for various uses. Built in 1982, the structure boasts a clear height ranging from 19 to 23 feet, providing ample vertical space for storage or manufacturing. The property includes 5,040 square feet of office space and a 5,248 square foot mezzanine, enhancing functionality. Loading is facilitated by 13 grade-level doors. The building features a robust power supply of 2,000 amps and a sprinkler system for enhanced safety. The site is fully fenced and secured, offering peace of mind. The low site coverage ratio maximizes potential for future expansion or outdoor operations. Available for sale at $15,250,000, this property offers a compelling combination of size, location, and features, making it ideal for owner-users seeking a substantial industrial space. The property is available for occupancy May 1, 2024. The sale is a Net, Net, Net (NNN) lease type with single tenancy. The price per square foot is $241.61.

• Alternative Use

  Use

  Valuation

  Residential

  $17,478,388

  Hospitality

  $16,010,109

  Educational

  $13,320,223

  Medical

  $13,778,326

  Retail

  $20,720,346

Location Insight

City

Auburn

County

King

State

Washington

Latitude

47.2696

Longitude

-122.244

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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