506 1st Street SW in Auburn
Listing ID: | 2344199 (Multi-Family) |
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Listing Price: | $1,050,000 |
Days on Market: | 51 |
Details | |
Bed / Bath: | 0.00 / 0.00 |
Lot Size: | 0.41 acre (18,000 sqft) |
Knickerbocker Mansion, a premier investment opportunity in downtown Auburn, offering strong financial upside through market rents and operational efficiencies. Ideally positioned near the I-5 / Highway 18 interchange, tenants benefit from seamless connectivity, while Auburn Train Station is just steps away, providing direct service to Seattle and Tacoma, a key draw for commuters. Auburn’s economic landscape is anchored by major employers such as Boeing, Starbucks, and Pepsi, driving sustained rental demand. Possessing 18,000 SF of land, Investors have a unique opportunity to unlock additional value through redevelopment and a potential multi-lot subdivision

This listing is provided courtesy of NWMLS, contributed by Lee & Associates Commercial RE.