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17227144
17227145

3 Locations

AZ
WA WA 98322AB
windermere Real Estate
Listed by windermere Real Estate
$3,000,000
801 days on market
Updated 74 days ago
Opportunity zone

Gable Building

Details
APN 00593669502902, 00593669500100, 00593669500400, 00593669500500
Property Type Mixed Use
Sub Type Multifamily, Retail (+1)
Square Footage 28,494
Net Rentable (SqFt) 26,516
Cap Rate 5.87%
NOI $176,111
Occupancy 90%
Pro-Forma Cap Rate 8.43%
Pro-Forma NOI $252,840
Price per SqFt $105
Class C
Year Built 1896, 1904,1910
Buildings 3
Stories 2
Lot Size (SqFt) 0.48
Parking Spaces 21 spaces
Parking Per SqFt 0.74
Investment Type Stabilized

Mixed Use in a good location

Marketing description

Introducing Gable Mixed-Use Building - your gateway to prime real estate investment! With 5 retail/office spaces, 40 studio apartments, and over 14,000 SF of office and retail space in a Great location next to Kaiser Permanente and visible from I-5, this opportunity is a golden ticket for savvy investors. Benefit from under-market rents, ample parking, and the convenience of 4 parcels totaling .48 acres. Don't miss out on this lucrative deal to secure your future success in the booming real estate market.

Investment highlights

Building is almost fully occupied. Below market lease rates. Great location for redevelopment

Listing Contacts

AZ
WA WA 98322AB
windermere Real Estate
Listed by windermere Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$176,111.00
$14,675.92/mo

Valuation Metrics

0
DSCR
5.87%
Cap Rate
5.87%
ROI

Map

Zoning

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MU7 MixedMixed UseMixed Use Mid Rise
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Aaron Zehm
License
WA 98322AB
Brokerage
Windermere Real Estate HLC
Brokerage Phone
425-483-5100
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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