Provided by NWMLS, Listed by Paragon Real Estate Advisors
Active
412 -418 W Meeker Street
Kent WA, 98032
$2,050,000
$244.75 per sqft
Active
8,376 sqft
Multi-family
Built in 1958
Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 60% of its units having undergone renovation since 2021. The prospective owner not only inherits the stability of existing retail tenants but also possesses the value-add potential to renovate the remaining apartment units and bring all the rents to market. The Melbourne Building boasts a versatile design, featuring three leased retail spaces on the ground floor and five apartment units on the top floor. All three retail units have been leased and undergone comprehensive interior renovations within the past two years.
2190944
MLSⓇ ID
January 16, 2024
Listed
May 14, 2024
Updated
Map
412 -418 W Meeker Street
Kent WA, 98032
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Water Recirc Pump
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Brick
Roof
Flat
Sewer
Sewer Connected
School Information
School District
Kent
Other Property Details
Area Name
330 - Kent
Taxes
$12,492
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
King
Pool
No
Buyer Agency Compensation
1%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Northwest Multiple Listing Service all rights reserved.
Data last updated on 5/20/2024 at 2:00 AM UTC