Granite Falls Commercial Space For
101 S Granite Ave Granite Falls, WA
For Sale
Contact for pricing
4,216 SF commercial space with prime street frontage.
Property Size4,216 SF
Lot Size0.12 Acres
Price / SF$219.40
Days on Market439
Property Features for 101 S Granite Ave
General Information
Standard status
Active
Size
4,216 SF
Lot size
0.12 Acres
Property subtype
RETAIL
Listing Agency:
Keller Williams Realty - Marysville
(425) 346-8301
Listed By:
Angie Niethamer
Source:
Moodyscre
Added: May 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Marysville
Investment Insights
Based on property information with market context.
This 4,216 square foot commercial space is located in Granite Falls. The building features ceilings over 10 feet high and 39 feet of street frontage, providing visibility and foot traffic. Recent upgrades completed in 2024 include a new roof, updated plumbing, and raised ceilings. The interior is unfinished, offering a customizable space. Restaurant-ready infrastructure adds versatility, making it suitable for a dining establishment, office space, mixed-use, or retail storefront. The property offers potential business opportunities in a prime location.
Key Highlights
- Prime street frontage (39’) in a growing area ensures high visibility and foot traffic.
- Large commercial space (4,216 sq ft) offers ample room for various business ventures.
- Recent upgrades in 2024 include a new roof and updated plumbing.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.6k | $21.96 |
| − Vacancy | −$5.1k | −$1.21 |
| EGI | $87.5k | $20.75 |
| − OpEx | −$21.9k | −$5.19 |
| NOI | $65.6k | $15.56 |
4,216 SF · lease $21.96/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$937.4K
$820.2K – $1.09M
NOI $65,618 @ 7.0% cap · market cap 7.09%
Second Best
Retail
$848.7K
$742.6K – $990.2K
NOI $59,411 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,304 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 4,216 SF commercial space with prime street frontage.
Where is this retail space located?
The property is located at 101 S Granite Ave Granite Falls, WA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime street frontage (39’) in a growing area ensures high visibility and foot traffic.; Large commercial space (4,216 sq ft) offers ample room for various business ventures.; Recent upgrades in 2024 include a new roof and updated plumbing.
