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    1118 1St St Snohomish, WA 98290

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    For Sale
    $2,800,000

    100% leased, four-tenant NNN property in historic downtown Snohomish.

    Lot size:
    0.07 Acres

    Property Features for 1118 1St St

    General Information

    Lot size
    0.07 Acres

    Source: Compass Washington Agent Ben Kaufman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Snohomish NNN Investment Property

    This 100% leased, four-tenant NNN property presents a rare investment opportunity in the heart of historic downtown Snohomish. The iconic Pioneer Market Building, constructed in 1890 as the town’s first three-story structure, is a beautifully preserved brick landmark and a centerpiece of Snohomish heritage. The property is positioned on 1st Street, surrounded by boutiques, antique shops, and dining destinations that attract local and tourist traffic. The building features sweeping views of the Snohomish River and Kla Ha Ya Park from its upper floors. With a diversified tenant mix of three retail spaces and one office suite, the building combines architectural distinction with dependable income performance. This property represents a chance to own a piece of history while securing an income-producing asset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ripple Ministries of Snohomish Video Production Service Laurel House & Homestead ... Kitchen Supply Store Jezebel VonZephyr Photography Photographer Unknown Tattoo Co. Tattoo Shop Retreat Botanicals Plant Nursery

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Fleurs Creative

    Location Insight

    • Map
    • Local Demand
    City
    Snohomish
    County
    Snohomish
    State
    Washington
    Longitude
    -122.09679
    Latitude
    47.9116027

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    FAQs

    What type of property is this?
    Storefront property - 100% leased, four-tenant NNN property in historic downtown Snohomish.
    Where is this storefront property located?
    The property is located at 1118 1St St Snohomish, WA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - 100% Leased NNN Property: Provides strong cash flow with minimal landlord responsibilities.; - Prime Location in Historic Downtown Snohomish: Situated on bustling 1st Street, surrounded by thriving businesses.; - Iconic Pioneer Market Building: A beautifully preserved, historic brick landmark built in 1890.
    (206) 300-0115
    Request Owner's contact information
    1118 1St St Snohomish, WA 98290
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    Snohomish, WA 98290
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1118 1St St Snohomish, WA 98290
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