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Home For Sale

Picture of Home For Sale in Kent, Washington, United States

$1,850,000

412 /418 W Meeker St
Kent, Washington, United States

Listed By: Realtyww Info

Listed On: 09/13/2024

Listing ID: GL11197690 View More Details

Description

Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 7% 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 interior renovations within the past two years.

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Listed by: Ben Douglas
Source: The World Property Journal

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