$1,280,000
Est. $6,452/mo1020 A Street Se, Auburn, WA 98002
• Listed 2026-05-04•44 days on market
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This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield - Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up - Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility - Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential - Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure - Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity - Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.
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1020 A Street Se, Auburn, WA 98002
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 5, 2026 at 08:28am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial 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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Listed by Kevin G. Verger • Kidder Mathews
Listing updated: May 5, 2026 at 08:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2518114
Auburn is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$331,000 Sold
4 weeks ago
4 bd•1 ba•~1,987 sq ft•Single Family
1006 17th Street Se, Auburn, WA 98002
20%
Over list
—
Days on market
0.7 mi
Distance
$369,000 Sold
2 months ago
2 bd•2.5 ba•~1,215 sq ft•Single Family
418 17th Street Se #14 D, Auburn, WA 98002
0%
Over list
—
Days on market
0.5 mi
Distance
$455,000 Sold
5 months ago
•Single Family
507 L Street Se, Auburn, WA 98002
5%
Under list
—
Days on market
0.7 mi
Distance
$300,000 Sold
5 months ago
2 bd•1 ba•~940 sq ft•Single Family
218 14th Street Se, Auburn, WA 98002
0%
Over list
—
Days on market
0.2 mi
Distance
$292,000 Sold
5 months ago
2 bd•1 ba•~910 sq ft•Single Family
2105 D Street Se, Auburn, WA 98002
17%
Over list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
