You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Specialty properties

123 Blakeley St Monroe, WA 98272

3,000 SF
Property ID
Property summary
AI-generated overview

This stunning 3,000 square foot commercial building is ideally situated in historic downtown Monroe, directly across from the Post Office. Boasting period charm and unique architectural details, this single-tenant property features a spacious open great room with a stage and lighting, soaring ceilings, and a separate kitchen area with flexible space. A fenced patio with covered seating adds to its appeal. The building also includes two offices, three bathrooms, and a storage room. Recent improvements include new rock landscaping and a fresh coat of paint. Water, sewer, and garbage are included in the rent; electricity is the tenant's responsibility. The property is ready for immediate occupancy and offers a unique opportunity for a variety of commercial ventures. A video tour and room-by-room walkthrough are available online. Move-in costs include first month's rent (prorated if mid-month), a Resident Benefits Program fee, application fee, security deposit, and pet deposit (if applicable). A third-party pet screening is required. Monthly costs include rent, pet rent (if applicable), required landlord liability insurance ($12.50 or use your own provider), and utilities. The Resident Benefits Package includes HVAC filter delivery, utility concierge service, and a resident rewards program. Application processing begins after property viewing, submission of government-issued ID for all adults, completed applications, and income verification. Rental criteria include income exceeding three times the rent, favorable credit history, and positive rental history or references. Guarantors may be considered for applicants who don't meet minimum criteria.

Property profile
Verified
Property type Specialty properties
Total area 3,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shielded Grounds Arcade & Gaming Center Family Recreation Center
  • Grace Reformed Baptist Church Church Mosque
  • Heather's Hope Communities Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 123 Blakeley St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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