712 Avenue D Snohomish, WA 98290
This 1,580-square-foot retail building is located on a highly visible Avenue D frontage lot in Snohomish, WA, 98290. The single-story, 1984-built structure sits on a 0.29-acre lot and offers ample parking with 25+ spaces. Its convenient location, just one block from Snohomish High School, ensures high foot and vehicle traffic. The property's commercial zoning (COM) allows for a variety of retail uses. The previous business operating at this address thrived for over 30 years, demonstrating the location's strong potential. Investors will benefit from the upcoming Avenue D revitalization project, scheduled to begin in 2024, which is expected to further enhance the area's appeal and property values. The asking price for this exceptional investment opportunity is $2,300,000. The net rentable square footage is 1,580 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.