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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

216 Gowe St Kent, WA 98032-5920

1,060 SF 0.04 ac lot Built 1940
Entity Owned 9-yr Hold Free & Clear
Property ID
US90-0018910
Property summary
AI-generated overview

Kent Plaza, located at 216 W Gowe St, Kent, WA 98032, presents a prime retail leasing opportunity. This Class B commercial property boasts a total of 13,749 square feet, with 4,025 square feet currently vacant and ready for immediate occupancy. The property is situated on a 0.66-acre lot and is zoned DC, offering significant potential for a variety of retail businesses. The building's multiple tenancy structure provides a vibrant and diverse commercial environment. The available space totals 4,025 square feet, providing ample room for expansion and customization to suit your specific business needs. Located in King County, Washington, this property benefits from excellent visibility and accessibility, ensuring high foot traffic and customer exposure. The property's strategic location in Kent offers easy access to major transportation routes and a thriving local community. This is an exceptional opportunity to establish or expand your retail presence in a dynamic and growing market. The property's existing infrastructure and convenient location make it an ideal choice for businesses seeking a well-established and easily accessible retail space. Don't miss this chance to secure a prominent retail location in Kent, Washington.

Property profile
Verified
Property type Refrigerated & Cold Storage
Use group COLD STORAGE
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,060 SF
Lot 0.04 ac (1,800 SF)
Zoning code GC-MU
APN 917960-0731
UPID US90-0018910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alki Products LLC Take-out & Catering Fish Market
  • Peer Kent Charitable Organization Social Service Agency
  • United States Postal Service Post Office Logistics Service
  • Mysticalone | Mystic Self LLC Marketing & Advertising IT Consulting Firm
  • Eileen & Callie's Place Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ak2 Properties LLC · 9 yrs held
Ak2 Properties LLC
since 2017
7 recorded transactions
2020
Price N/A
2017
Price N/A
2016
Price N/A
2011
$95,000
2010
$106,184
2009
Price N/A
2007
$179,000
Zoning & alternative use
GC-MU · Kent, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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