1020 A Street SE · Auburn, WA 98002
Source: NWMLS · Kidder Mathews · Kevin G. Verger #NWM2518114
About this home
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.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Retail
- Year built
- 1979
- Lot size
- 12,185 sq ft (0.28 acres)
- County
- King
- MLS #
- NWM2518114
Interior
- Heating
- None
- Cooling
- None
Utilities
- Sewer
- Sewer Connected
Community & fees
- Subdivision
- South Auburn
Transaction
- Listed on
- May 4, 2026
- Days on market
- 139
- Listing terms
- Cash
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2022-06-02
- Sold$1,350,000
Schools
- High
- Auburn Senior High SchoolSchoolDigger 1 star · Top 77% in WA

Listing provided courtesy of: Kidder Mathews
Listing agent: Kevin G. Verger.
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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-05-05.