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    118 S Lewis St Monroe, WA 98272

    For Sale
    $650,000

    Retail property in downtown Monroe's historic district, walking distance to amenities.

    Property size:
    4,685 SF
    Lot size:
    0.11 Acres

    Property Features for 118 S Lewis St

    General Information

    Size
    4,685 SF
    Lot size
    0.11 Acres

    Source: Kidder Mathews Agent Ryan Foster

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

    Overview

    Retail Space in Historic District

    This retail property is situated in the historic district of Downtown Monroe. The property offers convenient access to a variety of amenities, including restaurants, shops, banks, and grocery stores. The building has a size of 4,685 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Thrive Community Fitness Fitness Center Reina Beauty Co Spa Margot A. Montel - Westover, ... Massage Therapist Life Church Monroe Church Monroe Consignment Furniture ... Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Spa & Massage Clothing Store Nail Salon Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.9711066
    Latitude
    47.8550543

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    FAQs

    What type of property is this?
    Retail space - Retail property in downtown Monroe's historic district, walking distance to amenities.
    Where is this retail space located?
    The property is located at 118 S Lewis St Monroe, WA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Located in Downtown Monroe.; - Located in historic district.; - Walking distance to restaurants.
    (425) 450-1124
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    118 S Lewis St Monroe, WA 98272
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    Monroe, WA 98272
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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
    118 S Lewis St Monroe, WA 98272
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