18950 State Route 2, Monroe, WA 98272

Building Details

Year Built 1986 More

Listing Agency: KW Greater Seattle

Listed By: Richard C. Buchanan Show Phone

Source: Terrafinre

Added: Apr 15 Changed: Nov 7 Last Checked: Nov 8 at 12:23PM

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Investment Insights

Based on property information with market context.

Built in 1986, this hotel is independently operated and may continue under its current operating model or be considered for a new brand affiliation.

The property is located on State Route 2 in Monroe, with the Evergreen State Fairgrounds and outdoor recreation identified among area demand drivers.

Key Highlights

• Independently operated hotel
• Built in 1986
• Located on State Route 2 in Monroe

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Parking Lot & Garage Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,316

Businesses Nearby

Explore this area Business Placement

Demographics for 98272, WA

31,127

Population

10,313

Households

3

Avg Household Size

38

Median Age

29%

College-Educated

92%

High-School Grad

106.3 sq mi

ZIP Area

293

Density / Sq Mi

$115,894

Median Household Income

$51,879

Median Earnings

$1,902

Median Rent

$638,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - The hotel offers the option to continue independent operations or pursue a new brand affiliation.

Where is this hotel located?

The property is located at 18950 State Route 2 Monroe, WA.

What is the asking price?

The asking price for this property is $5,700,000.

What are key features of this property?

This property features: Independently operated hotel; Built in 1986; Located on State Route 2 in Monroe