Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    605 Main St Edmonds, WA 98020

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,370,000

    Main Street commercial property in high-demand Edmonds Bowl.

    Property Features for 605 Main St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1948

    We can help!

    Listing Contact
    Adam E. Cobb
    Adam E. Cobb
    Source: Corcoran

    Listing Agency: WINDERMERE REAL ESTATE GH LLC Listing Agent: Adam E. Cobb

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

    Learn more

    Overview

    High-Visibility Edmonds Commercial Property

    This commercial property is located on Main Street in Edmonds and is suitable for both owner-users and investors. The property features hardwood flooring, a functional kitchenette, an ADA-compliant restroom, and a rear deck. A rare oversized loading zone is located in the back alley. The location benefits from foot traffic generated by the Farmer’s Market, festivals, events, and the Edmonds-Kingston ferry. This property is located in Edmonds’ commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Bridgette Desouza Electrical ... Building Supply Sonia Sterling Electrical ... Building Supply The Cline Company Interior Design Nadia Warburton Electrical ... Building Supply Natasha Parkinson Electrical ... Building Supply

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness Center

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

    Similar Places Nearby

    Seville

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3745699
    Latitude
    47.81075

    Nearby Similar for Sale

    • $1,800,000
      3,624 SF

      Edmonds Medical Office Building For Sale

      Class A medical office building in Edmonds medical district.
      21906 76Th Ave W, Edmonds, WA 98026
      View Details
    • $849,950
      1,320 SF

      Single-Story Office Building in Edmonds

      1,320 SF office building with parking in Edmonds, WA.
      20120 76Th Ave W, Edmonds, WA 98026
      View Details
    • $1,800,000

      Edmonds Medical Office Building For Sale

      Class A medical office building in Edmonds medical district.
      21906 76Th Ave W, Edmonds, WA 98026
      View Details
    • $3,295,000
      7,560 SF

      Iconic Building in Downtown Edmonds

      Versatile commercial space in a high-traffic, walkable location.
      542 Main St, Edmonds, WA 98020
      View Details
    • $2,095,000
      3,576 SF

      Edmonds Office Building For Sale

      Office building with 3576 square feet of space.
      109 Main St, Edmonds, WA 98020
      View Details
    • $3,295,000

      Downtown Edmonds Versatile Commercial Space

      Landmark building with versatile commercial space in downtown Edmonds.
      542 Main St, Edmonds, WA 98020
      View Details
    • $3,295,000
      7,560 SF

      Iconic Edmonds Building For Sale

      Versatile commercial space in a high-traffic, desirable waterfront community.
      542 Main St, Edmonds, WA 98020
      View Details
    • New
      $3,300,000

      High-Yield Hospitality Investment Opportunity

      Hospitality business in Edmonds with high cash flow.
      23905 Highway 99, Edmonds, WA 98026
      View Details
    • Contact for pricing

      Commercial Office/Retail Space Available

      Open commercial space suitable for office, retail, or studio use.
      23931 Highway 99, Edmonds, WA 98026
      View Details
    • Contact for pricing

      Open Commercial Office/Retail Space

      Versatile space ideal for office, studio, or fitness use.
      23931 Highway 99, Edmonds, WA 98026
      View Details
    • Contact for pricing

      Versatile Commercial Space on Highway 99

      Open commercial space suitable for office, retail, fitness, and more.
      23931 Highway 99, Edmonds, WA 98026
      View Details
    • Contact for pricing

      Established Hair Salon Opportunity

      Hair salon for sale with equipment and remodel included.
      23805 106Th Ave, Edmonds, WA 98026
      View Details

    FAQs

    What type of property is this?
    Storefront property - Main Street commercial property in high-demand Edmonds Bowl.
    Where is this storefront property located?
    The property is located at 605 Main St Edmonds, WA.
    What is the asking price?
    The asking price for this property is $1,370,000.
    What are key features of this property?
    This property features: - High-visibility Main Street location in the high-demand center of Edmonds Bowl.; - Rare oversized loading zone in the back alley.; - High foot traffic location due to Farmer’s Market, festivals, events, and Edmonds-Kingston ferry.
    (206) 854-9454
    Request Owner's contact information
    605 Main St Edmonds, WA 98020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    605 Main St
    Edmonds, WA 98020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    605 Main St Edmonds, WA 98020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Adam E. Cobb
    Adam E. Cobb
    Real Estate License ID: WA 100973
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!