Downtown Retail Building with
116 Avenue D Snohomish, WA 98290
For Sale
Contact for pricing
Metal, glass, and brick retail building with a rear grade-level rolling bay door and three private parking spaces.
Property Size2,700 SF
Price / SF$340.74
Days on Market174
Property Features for 116 Avenue D
General Information
Standard status
Active
Size
2,700 SF
Property subtype
RETAIL
Listing Agency:
Workman Real Estate Services
(425) 754-4518
Listed By:
Laura Huntington
(425) 754-4518
Source:
Moodyscre
Added: Feb 6
Changed: Jul 28
Last Checked: Jul 29 at 3:16PM
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 Workman Real Estate Services
Investment Insights
Based on property information with market context.
This downtown retail property features a metal, glass, and brick building totaling approximately 2,700 square feet on a roughly 3,920 square foot parcel. The building includes an alley-access grade level rolling bay door for loading in and out to the rear. Three private parking spaces on Avenue D are provided for customer or tenant use.
The property is positioned on Avenue D, described as the main north-south commercial connector in Snohomish, located between First and Second Street. The listing notes high visibility and street presence.
For sale opportunity suitable for an owner-operator or retail-focused user looking for a street-facing downtown storefront with dedicated rear loading access and on-site parking.
The property is positioned on Avenue D, described as the main north-south commercial connector in Snohomish, located between First and Second Street. The listing notes high visibility and street presence.
For sale opportunity suitable for an owner-operator or retail-focused user looking for a street-facing downtown storefront with dedicated rear loading access and on-site parking.
Key Highlights
- Approx. 2,700 SF metal, glass, and brick retail building
- Located on Avenue D in the downtown Snohomish Business District between First and Second Street
- 3920 SF parcel with retail building
Financial Insights For 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 | $58.3k | $21.60 |
| − Vacancy | −$4.0k | −$1.47 |
| EGI | $54.4k | $20.13 |
| − OpEx | −$16.3k | −$6.04 |
| NOI | $38.0k | $14.09 |
2,700 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$543.5K
$475.6K – $634.1K
NOI $38,048 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$753.0K
$658.9K – $878.5K
NOI $52,709 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Metal, glass, and brick retail building with a rear grade-level rolling bay door and three private parking spaces.
Where is this retail space located?
The property is located at 116 Avenue D Snohomish, WA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Approx. 2,700 SF metal, glass, and brick retail building; Located on Avenue D in the downtown Snohomish Business District between First and Second Street; 3920 SF parcel with retail building
