412 -418 W Meeker Street in Kent
Listing ID: | 2190944 (Multi-Family) |
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Listing Price: | $2,050,000 |
Days on Market: | 109 |
Details | |
Bed / Bath: | 0.00 / 0.00 |
Lot Size: | 0.19 acre (8,156 sqft) |
Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 60% 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.
This listing is provided courtesy of NWMLS, contributed by Paragon Real Estate Advisors.