Retail-Industrial Flex
221 Woodworth St, Sedro Woolley, WA 98284
For Sale
Contact for pricing
CBD-zoned building near downtown Sedro-Woolley with retail and industrial space.
Property Size10,000 SF
Lot Size0.81 Acres
Price / SF$128.50
Days on Market118
Property Features for 221 Woodworth St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Learned Commercial, Inc.
(360) 757-3888
Listed By:
Jarrod Ball · License #22026577
(360) 855-8875
Source:
Moodyscre
Added: Jul 13
Changed: Nov 2
Last Checked: Nov 6 at 10:55AM
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 Learned Commercial, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,000 +/- sf retail/industrial building is situated on 0.81+/- acres and is classified within the CBD, or Central Business District, zoning designation. The property offers a flex-oriented configuration combining retail and industrial space in one building.
Located just off main downtown Sedro Woolley, the property is owner occupied. Tours are available by appointment only.
Located just off main downtown Sedro Woolley, the property is owner occupied. Tours are available by appointment only.
Key Highlights
- 10,000 +/- sf retail/industrial building
- Situated on 0.81+/- acres
- Zoned CBD: Central Business District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,438
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,760
$1.7M
Cap Rate 7%
$1,206,257
$1.2M
Cap Rate 9%
$938,200
$938.2K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$122.4K $12.24/SF
− Vacancy
−$1.8K −$0.18/SF
EGI
$120.6K $12.06/SF
− OpEx
−$36.2K −$3.62/SF
NOI
$84.4K $8.44/SF
Area
Skagit County, WA
Vacancy
1.45%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,760
Cap Rate 7%
$1,206,257
Cap Rate 9%
$938,200
Alternative Uses
Best Use
Industrial
$1.21M
$1.06M – $1.41M
NOI $84,438 @ 7.0% cap · market cap 6.57%
Second Best
Retail
$1.21M
$1.06M – $1.41M
NOI $84,438 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$4.07M
$3.56M – $4.74M
NOI $284,697 @ 7.0% cap · market cap 22.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98284, WA
27,293
Population
11,095
Households
2.5
Avg Household Size
39
Median Age
20%
College-Educated
89%
High-School Grad
281.3 sq mi
ZIP Area
97
Density / Sq Mi
$82,097
Median Household Income
$50,074
Median Earnings
$1,476
Median Rent
$427,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Lorenzo's Mexican Restaurant — 221 Central Ave, Sedro-Woolley, WA 98284
Frequently Asked Questions
What type of property is this?
Flex space - CBD-zoned building near downtown Sedro-Woolley with retail and industrial space.
Where is this flex space located?
The property is located at 221 Woodworth St Sedro Woolley, WA.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: 10,000 +/- sf retail/industrial building; Situated on 0.81+/- acres; Zoned CBD: Central Business District
