10206 269Th Pl NW Stanwood, WA 98292
2,312 SF grocery store on high-traffic corner lot.
Property size:
2,312 SFProperty Features for 10206 269Th Pl NW
General Information
- Standard status
- Active
- Size
- 2,312 SF
Building Details
- Year built
- 1978
Source:
Corcoran
Listing Agent: David Hilbert
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Stanwood Corner Grocery Store Opportunity
This property features a 2,312 square foot building situated on an 8,712 square foot commercial lot. The building includes a large walk-in cooler and a full kitchen, although the kitchen is not currently in use. Located on State Route 532, the property benefits from a high daily traffic count, exceeding 20,000 vehicles in 2021 according to WSDOT. The property is located on a prime corner in Stanwood and has city water and sewer. The 2024 gross income was $443,549.07, with a net income of $116,394.83, resulting in a 9.70% cap rate. The property has many permitted commercial uses. Inventory may be purchased at closing by the buyer. The property presents an opportunity to expand current operations.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
Grocery Outlet
Location Insight
- Map
- Local Demand
- City
- Stanwood
- County
- Snohomish
- State
- Washington
- Longitude
- -122.3710148
- Latitude
- 48.2412884
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - 2,312 SF grocery store on high-traffic corner lot.
Where is this grocery and convenience store located?
The property is located at 10206 269Th Pl NW Stanwood, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - High Net Income: $116,394.83 with a 9.70% Cap Rate.; - Prime Location: Corner lot on State Route 532 with high daily traffic count.; - Unlimited Potential: Opportunity to expand sales and create huge profits.