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    104-112 E Main St Auburn, WA 98001

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    For Sale
    $2,300,000

    Mixed-use property with restaurant, retail, and residential units for sale.

    Property size:
    8,100 SF
    Lot size:
    0.17 Acres

    Property Features for 104-112 E Main St

    General Information

    Size
    8,100 SF
    Lot size
    0.17 Acres

    Source: Skyline Properties - Kent Agent Tia Yeo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Auburn Investment Opportunity

    This investment opportunity includes two parcels totaling 0.16 acres in downtown Auburn. The parcels feature a 5,320 square foot mixed-use building and a 2,648 square foot retail building, for a total building area of 7,968 square feet. The property is zoned Downtown Urban Center. The location is next to Safeway and the future Auburn Community Arts Center, and is walkable to the Auburn train station. The property includes front street parking and a rear parking lot. The tenant mix includes restaurant, retail, and residential units, anchored by the Rainbow Café, which has been in operation for 89 years with a new lease signed at the end of 2023. Recent improvements include new exterior siding installed in 2024, a fully renovated apartment unit in 2024, an updated roof in 2022, and a new restaurant lease in 2023. A major civic development project including a new park and city theatre is planned directly across from the site, scheduled for completion in Spring 2026.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Crown Catering, Chomp! Foods

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.2283452
    Latitude
    47.3071943

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    FAQs

    What type of property is this?
    Restaurant - Mixed-use property with restaurant, retail, and residential units for sale.
    Where is this restaurant located?
    The property is located at 104-112 E Main St Auburn, WA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Prime downtown Auburn location with high growth potential; - Two parcels totaling 0.16 acres with 7,968 SF of mixed-use and retail building space; - Solid tenant mix including the long-established Rainbow Café with a new lease signed in 2023
    (253) 307-2244
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    Auburn, WA 98001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104-112 E Main St Auburn, WA 98001
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