PRICE REDUCED

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FOR SALE

Kent mixed-use development and parking garage

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THE PROPERTY Colliers International is pleased to present a prime downtown Kent mixed-use development site, which includes a four-story, parking garage that is 80% complete with 6,000 sf of retail space on the first floor. Initially the plans called for a boutique, hotel and a condo project. The City will not require this to complete the project. The city is interested in seeing the project be finalized and will approve apartments, retail or office.

430 West smith street • Kent, Washington

HIGHLIGHTS        

All liens are paid and Seller has clean insurable title Land assemblage of 74,893 sf in downtown Kent Nearly completed 4-story, 355-stall parking garage Approximately 6,000 sf of retail space on 1st floor of garage Premier location across from Kent Station Convenient access to freeway and major travel destinations Garage 80% complete City will approve apartments, retail, hotel or office

Terms: Asking Price: Gross Land: % Complete: Arvin Vander veen, SIOR 206.654.0521 [email protected]

price reduced $13,000,000 $8,000,000 74,893 sf Garage 80% complete

Colliers international 601 Union Street - #5300 Seattle, Washington 98101

F I R ST AV E N U E S O UT H

site map

Kent Project site

Neighborhood map E James St

W James St

167

N E Pioneer St Central Ave

1st Ave N

KENT STATION

4th Ave N

Lincoln Ave

E McMillan St E Smith St

W Meeker St

KENT

Railroad Ave S

S Naden Ave

Naden Ave S

COLLIERS INTERNATIONAL 601 Union Street, Suite 5300 Seattle, Washington, 98101 www.colliersmn.com

W Gowe St

Railroad Ave N

2nd Ave N

4th Ave S

6th Ave N

7th Ave N

W Harrison St

Kaibara Park

W Smith St Madison Ave

VALLEY FREEWAY

FOR SALE

Kent mixed-use development and parking garage

E Ward St

E Meeker St E Gowe St

Arvin Vander veen, SIOR 206.654.0521 [email protected]

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