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    731 2Nd St Mukilteo, WA 98275

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    For Sale
    $1,799,000

    Turnkey income property with panoramic views and established tenants.

    Property size:
    3,700 SF

    Property Features for 731 2Nd St

    General Information

    Standard status
    Active
    Size
    3,700 SF

    Building Details

    Year built
    1903

    Source: SKYLINE PROPERTIES, INC. Agent GENA HORIATIS

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

    Overview

    Mukilteo Mixed-Use Landmark Property

    This mixed-use property in Mukilteo, Washington, presents a ready-to-operate opportunity with potential for reimagining in a growing waterfront town. Constructed circa 1903 and restored in 1997, the building offers approximately 3700 square feet of space on a 5663 square foot lot. The property is zoned DB Downtown Business, permitting residential, commercial, and mixed-use developments. The building features three stories and includes nine on-property parking spaces, plus an additional four on-street parking spaces. The property is currently occupied by the owner and tenants. The property is a turnkey income property with three levels and established tenants, including residential, salon, and professional office spaces. The top-floor apartment offers unobstructed panoramic views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Malynda C. Daniels, ... Doctor Ladawn Beauty Salon Club Bay Beauty ... Eyelash Salon Club Bay Eyelash Salon PARK AVENUE Salon Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mukilteo
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3020086
    Latitude
    47.9472492

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey income property with panoramic views and established tenants.
    Where is this mixed-use property located?
    The property is located at 731 2Nd St Mukilteo, WA.
    What is the asking price?
    The asking price for this property is $1,799,000.
    What are key features of this property?
    This property features: - Turnkey Income Property: Three levels with established tenants.; - Panoramic Views: Enjoy unobstructed views from the top-floor apartment.; - Prime Location: Mukilteo Landmark in a growing waterfront town.
    Request Owner's contact information
    731 2Nd St Mukilteo, WA 98275
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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
    731 2Nd St Mukilteo, WA 98275
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