Snohomish Retail, Duplex, Parking
1200 2nd St Snohomish, WA 98290
For Sale
$1,999,995
Pending
Retail building, duplex, and parking lot in historic Snohomish.
Days on Market687
Property Features for 1200 2nd St
General Information
- Standard status
- Pending
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing Agency:
RE/MAX ELITE
(425) 971-4060
Listed By:
ROBERT SERVISS III · License #22007072
Source:
Corcoran
Added: Sep 6, 2024
Changed: Jul 6
Last Checked: Jul 24 at 4:38AM
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 ELITE
Investment Insights
Based on property information with market context.
This offering presents a unique opportunity in historic downtown Snohomish, encompassing three parcels. The properties include a 5,760 square foot retail building, a 1,102 square foot duplex, and a dedicated 14-space parking lot. The retail building is configured into three suites. The large front suite is currently vacant, presenting an opportunity for an owner/user or value-add investment. The third suite recently renewed a 5-year lease with 5% annual escalators. The duplex is fully leased at strong rents, with both units currently operating on a month-to-month basis. The capitalization rate reflects the vacancy.
Key Highlights
- Prime location in historic downtown Snohomish.
- Substantial 5,760 sq ft retail building with value‑add potential.
- Includes a fully leased duplex generating income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Doré Studio
Interior Design
FAQs
What type of property is this?
Retail space - Retail building, duplex, and parking lot in historic Snohomish.
Where is this retail space located?
The property is located at 1200 2nd St Snohomish, WA.
What is the asking price?
The asking price for this property is $1,999,995.
What are key features of this property?
This property features: Prime location in historic downtown Snohomish.; Substantial 5,760 sq ft retail building with value‑add potential.; Includes a fully leased duplex generating income.