1200 2nd St, Snohomish, WA 98290

Building Details

Year Built

1910

Listing agent ROBERT SERVISS III License #22007072

Listing office RE/MAX ELITE r**@theservissgroup.com Show Phone

Listing date Sep 6, 2024

Source Corcoran

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Overview

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.

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Snohomish

County

Snohomish

State

Washington

Longitude

-122.098

Latitude

47.9132

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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.