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1200 2nd St, Snohomish, WA, 98290
Snohomish Retail, Duplex, Parking Lot

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
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

Suggested Use

Storage Facility Parking Lot & Garage Daycare Center Catering Service Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Locksmith (Bike/Boat/Book/etc) Store

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

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.
More about this property
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