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    FOR LEASE
    Commercial land

    408 Central Ave N, Kent, WA 98032

    2,789 SF 0.14 ac lot Built 1949
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US90-1908251
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique leasing opportunity in the thriving downtown Kent area. Located at 408 Central Ave N, Kent, WA 98032, this single-tenant retail space, specifically suited for an automotive dealership, sits on a substantial 24,246 square foot lot. The building itself offers 2,468 square feet of usable space, perfect for sales, service, or office functions. The building features convenient access with three bay doors ranging in height from 9 feet to 11 feet 7 inches, accommodating a variety of vehicles and equipment. Electrical service includes both 110V and 220V single-phase power. This property is situated in a well-established commercial district in King County, offering excellent visibility and accessibility. The property's zoning allows for a huge variety of commercial, industrial, and retail uses, providing significant flexibility for the prospective tenant. This is an outstanding opportunity to establish or expand a business in a dynamic and growing market. The property's size and location make it an ideal choice for an automotive dealership, but its versatility allows for a range of other commercial ventures. Don't miss this chance to secure a prime commercial space in the heart of Kent.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1949
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,789 SF
    Lot 0.14 ac (6,000 SF)
    Zoning code GC-MU
    APN 917960-1805
    UPID US90-1908251
    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
    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
    Frank A Scarsella
    Frank A Scarsella
    3 recorded transactions
    1969
    1969
    1969
    Zoning & alternative use
    GC-MU · Kent, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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