116 Mason Rd, Silver Lake, WA
Fully fenced property with a 1,680 sq ft shop, car lift, outbuilding, and outdoor recreation space.
- Added:
- May 2, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 23 at 2:20 am
Property Features for 116 Mason Rd
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Lot size
- 0.33 Acres
- Property subtype
- Land
Listing office RE/MAX Premier Group (360) 636-7378
Listing date May 2, 2026
Source Exprealty
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 RE/MAX Premier Group
HighLights
- Fully fenced 1/3‑acre lot with a 1,680 sq ft shop featuring a loft, wood stove, and built‑in bar
- Shop includes a car lift, making it set up for vehicle work and other serious projects
- Additional 10 ft x 20 ft gambrel roof outbuilding with a loft, office, and laundry room
- Dedicated garden area plus a covered deck for outdoor use
- Includes a newer fully covered 38 ft bumper‑pull trailer with pop‑outs and upgrades
- Across the street from Silver Lake with deeded access for year‑round recreation
Overview
Outside, the grounds include a dedicated garden area and an additional 10ft x 20ft gambrel roof outbuilding. The outbuilding has its own loft, plus an office and laundry room, providing space to separate work needs from daily use. A covered deck extends the outdoor living area, and the property also includes a newer, fully covered 38-foot bumper-pull trailer with pop-outs and upgrades.
Location adds a recreational element. The property is directly across the street from Silver Lake and includes deeded access. That access supports year-round activities such as fishing and outdoor recreation. The property is also minutes to I-5 and a short drive to Mt. St. Helens, balancing practical commuting access with nearby regional getaways.
Local 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 | $36.3k | $21.60 |
| − Vacancy | −$2.5k | −$1.47 |
| EGI | $33.8k | $20.13 |
| − OpEx | −$10.1k | −$6.04 |
| NOI | $23.7k | $14.09 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Daniel's Auto Body — Everett, WA 98204, United States
- A&D New & Used Tireshop — 13014 Hwy 99, Everett, WA 98204
- Lynnwood Auto Electric — 13224 hwy 99, everett, wa 98204
- Pacific Ship Repair & Fab — 13228 4th Ave W a, Everett, WA 98204
- Mary's Towing, Inc. — 13303 Hwy 99, Everett, WA 98204
Location Insight
- Map
- Local Demand
- City
- Silver Lake
- County
- Snohomish
- State
- Washington
- Longitude
- -122.2550845
- Latitude
- 47.8750541
