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122 3rd St NE

18,314 SF Office Building Auburn, WA 98001 $7,800,000 ($426/SF)

Investment Highlights

  • Turn-key medical office
  • Medical hub promotes strong synergy between facilities
  • Priced well below replacement cost
  • Ample parking

Executive Summary

THE VARA GROUP is pleased to present the unique sale opportunity for the Owner/User or Value-Add medical office building in Auburn, WA. Built in 2006, the property features an extensive medical build-out that served its previous tenants for 18 years. Situated along Auburn Ave, the 18,314 SF medical office is complimented by 94 dedicated parking stalls in an area often challenged by parking
accessibility. Surrounded by dense residential neighborhoods within a thriving medical hub, the property offers an unbeatable location for various medical practices.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
18,314 SF
Building Class
C
Year Built
2006
Price
$7,800,000
Price Per SF
$426
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,314 SF
Building FAR
0.29
Lot Size
1.45 AC
Zoning
DUC - Downtown Urban Center
Parking
94 Spaces (5.13 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 049250-0135
  • 173580-0280
  • 049250-0180
  • 049250-0145
  • 173580-0290
Land Assessment
$1,425,400
Improvements Assessment
$3,090,400
Total Assessment
$4,515,800
  • Listing ID: 32986599

  • Date on Market: 8/28/2024

  • Last Updated:

  • Address: 122 3rd St NE, Auburn, WA 98001

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