Melbourne Building (Status: Available) 2050000

412, Meeker St, Kent, WA  98032

Tours available on Thursday January 25th – Contact listing agents to schedule.Paragon Real Estate Advisors is pleased to present the exclusive listing of the Melbourne Building, 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 i

Listing Details

Asset Class: Retail,Multi-Family
Year Built: 1958
Building Total Square Feet: 8376
Available Lease Space Square Feet: 8376
Number of Floors: 2
Total Parking Spaces: 10
Local Zoning Information: DCE

Listing Courtesy of: Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.