Downtown Retail
542 Main St Edmonds, WA 98020
For Sale
Contact for pricing
Historic Reliable Flooring Building offers 7,560 sq ft of flexible commercial space in downtown Edmonds.
Property Size7,560 SF
Price / SF$382.94
Days on Market55
Property Features for 542 Main St
General Information
Standard status
Active
Size
7,560 SF
Property subtype
RETAIL
Listing Agency:
Windermere G.H., Inc.
(206) 854-9454
Listed By:
Adam Cobb · License #WA 100973
(206) 854-9454
Source:
Moodyscre
Added: Jun 5
Changed: Jul 28
Last Checked: Jul 29 at 12:10PM
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 Windermere G.H., Inc.
Investment Insights
Based on property information with market context.
The iconic Reliable Flooring Building presents 7,560 sq ft of highly versatile commercial space in the heart of downtown Edmonds. The building is described as a historic landmark property, offering flexibility for a range of potential uses such as retail, gallery, office, or other mixed-use concepts.
The property is located on Main Street in downtown Edmonds, positioned as one of the most visible, high-traffic addresses in the Edmonds Bowl area. It is adjacent to Main Street Commons and described as steps from the central city fountain, with access supported by pedestrian and parking infrastructure.
This offering is presented as a centrally located, limited-supply opportunity for buyers seeking a large footprint in downtown Edmonds.
The property is located on Main Street in downtown Edmonds, positioned as one of the most visible, high-traffic addresses in the Edmonds Bowl area. It is adjacent to Main Street Commons and described as steps from the central city fountain, with access supported by pedestrian and parking infrastructure.
This offering is presented as a centrally located, limited-supply opportunity for buyers seeking a large footprint in downtown Edmonds.
Key Highlights
- Historic Reliable Flooring Building offers 7,560 sq ft of flexible commercial space in downtown Edmonds
- Landmark building on a highly visible, high‑traffic downtown address in the Edmonds Bowl
- Adjacent to Main Street Commons and steps from the central city fountain
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.3k | $21.60 |
| − Vacancy | −$11.1k | −$1.47 |
| EGI | $152.2k | $20.13 |
| − OpEx | −$45.7k | −$6.04 |
| NOI | $106.5k | $14.09 |
7,560 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.78M
NOI $106,534 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,585 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Historic Reliable Flooring Building offers 7,560 sq ft of flexible commercial space in downtown Edmonds.
Where is this retail space located?
The property is located at 542 Main St Edmonds, WA.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Historic Reliable Flooring Building offers 7,560 sq ft of flexible commercial space in downtown Edmonds; Landmark building on a highly visible, high‑traffic downtown address in the Edmonds Bowl; Adjacent to Main Street Commons and steps from the central city fountain
