106 Central Avenue N, Kent, WA 98032
- $1,399,900
Listing courtesy of AQUA Real Estate.
- List Price
- $1,399,900
- Status
- ACTIVE
- MLS#
- 2504218
- Price Change
- ▼ $100,000 1778921231
- Days on Market
- 107
- Annual Tax Ammount
- 11042
Property Description
Positioned in the core of downtown Kent, this high-visibility property offers a rare opportunity to invest in a rapidly growing, transit-oriented area. Surrounded by established amenities and ongoing development, commercial building fully leased with 3 tenants With immediate access to SR 167, SR 516, and I-5, the location provides strong regional connectivity to Seattle, Tacoma, and beyond. Proximity to Kent Station, ShoWare Center, and the Green River Trail enhances its appeal, offering a vibrant mix of transit, lifestyle, and recreation.
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Additional Information
- Community
- Kent
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1978
- # of Assigned Spaces
- 14
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional, See Remarks
- Driving Directions
- From Central Ave N (84th Ave S) drive to E Meeker St. Building is located on NE corner of that intersection.
- Electric Expenses
- 2280
- Energy Source
- Natural Gas
- Net Operating Income
- $62,078
- Gross Adjusted Income
- $80,160
- Gross Scheduled Income
- $80,160
- Water/Sewer/Garbage Expenses
- $2,760
- Cap Rate
- 4.6
- Total Expenses
- $18,082
Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.