106 Central Avenue N, Kent, WA 98032

$1,399,900

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Listing courtesy of AQUA Real Estate.

List Price
$1,399,900
Status
ACTIVE
MLS#
2504218
Price Change
▼ $100,000 1778921231
Days on Market
108
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.

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.

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Calculator source: Real Geeks