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    36916 Us-2 Sultan, WA 98294

    For Sale
    $540,000

    High-visibility storefront, ample parking, great investment.

    Property size:
    2,087 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 2,087 square foot storefront property in Sultan, Washington, presents a compelling investment opportunity. Located at 36916 US-2, this owner-user property boasts high visibility with over 14,000 vehicles passing daily, significantly increasing during peak seasons. The property includes two structures situated on a 17,860 square foot lot (APN: 00608201300200, 00608201300100, 00608201200400) and offers ample parking, outside storage, and an existing monument sign. Zoned RB & R-5, the property is ideal for sales or service businesses catering to the Highway 2 corridor. Potential uses include an outfitter's office and staging area, or even additional income streams through roadside food services or leasing parking space. The property's location in unincorporated Snohomish County offers a business-friendly environment with lower than average sales and use taxes. Delivered vacant at closing, this property is perfect for an owner-user or an investor seeking to implement a new business plan. Asking price is $540,000.

    Property Features for 36916 Us-2

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,087 SF

    HighLights

    • Excellent investment opportunity featuring two buildings and a separate parking lot.
    • Vacant possession at closing, ideal for owner‑occupancy or immediate lease‑up.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Sultan
    County
    Snohomish
    State
    Washington
    Longitude
    -121.73721613953
    Latitude
    47.867143572779

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility storefront, ample parking, great investment.
    Where is this individual retail property located?
    The property is located at 36916 Us-2 Sultan, WA.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Excellent investment opportunity featuring two buildings and a separate parking lot.; Vacant possession at closing, ideal for owner-occupancy or immediate lease-up.;
    Request Owner's contact information
    36916 Us-2 Sultan, WA 98294
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    Sultan, WA 98294
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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
    36916 Us-2 Sultan, WA 98294
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