20610 68th S Ave, Kent, WA 98032-2360

The KCP Building, a Class A, 81,464 square-foot office building in Kent, Washington, presents a compelling investment opportunity. This vacant, two-story structure, built in 1983 and renovated in 2003, sits on a substantial 5.54-acre lot (APN: 012204-9021) zoned I1 (Industrial 1), offering significant redevelopment potential. Located at 20610 68th Ave S, Kent, WA 98032, the property boasts a prime location within the desirable Kent Valley submarket, neighboring the consistently fully occupied Centerpoint Office Park. The asking price is $14,200,000, translating to $174.31 per square foot. Previously occupied by Boeing Employees Credit Union, this building offers a high-end build-out, making it attractive for owner-users or investors seeking a strong, stable asset with potential for future development. The property's size and zoning present a unique opportunity in a robust economic environment. This is a below-replacement-cost opportunity in a strong submarket with a corporate presence. The substantial lot size and I1 zoning provide unparalleled flexibility for future development plans. This is a rare chance to acquire a significant asset in a thriving location.