Automotive Shop with Car
116 Mason Rd Silver Lake, WA
116 Mason Rd, Silver Lake, WA, 00000
$375,000
For Sale
$375,000
Fully fenced property with a 1,680 sq ft shop, car lift, outbuilding, and outdoor recreation space.
Property Size1,680 SF
Lot Size0.33 Acres
Price / SF$223.21
Days on Market83
Property Features for 116 Mason Rd
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Lot size
- 0.33 Acres
- Property subtype
- Land
Listing agency
RE/MAX Premier Group
(360) 636-7378
Listed by
Dean Pollock
(360) 636-7378
Source
Exprealty
Added: May 2 Updated: Jul 10 at 2:03PM Checked: Jul 22 at 9:13AM
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
Investment Insights
Based on property information with market context.
A versatile automotive and flex setup sits on a fully fenced 1/3-acre lot. The 1,680 sq ft shop is the centerpiece and includes a loft, wood stove, and a built-in bar, supporting a hands-on workspace for projects or hosting. A car lift is already in place, making the configuration well-suited for mechanics and hands-on automotive work.
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.
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.
Key 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
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 |
1,680 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$338.2K
$295.9K – $394.6K
NOI $23,674 @ 7.0% cap · market cap 6.31%
Second Best
Flex RnD
$270.6K
$236.8K – $315.7K
NOI $18,944 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$468.5K
$410.0K – $546.6K
NOI $32,797 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market 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
FAQs
What type of property is this?
Auto shop - Fully fenced property with a 1,680 sq ft shop, car lift, outbuilding, and outdoor recreation space.
Where is this auto shop located?
The property is located at 116 Mason Rd Silver Lake, WA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 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
