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Property profile

109 Main St Edmonds, WA 98020

FOR SALE
Turn key restaurants
Property ID
US90-0723770
3,576 SF 0.08 ac lot Built 1984
Last sale Feb 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional restaurant property, located at 109 Main Street in the heart of downtown Edmonds, Washington, presents a unique investment opportunity. The 3,576 square foot building sits on a ±3,485 square foot (0.08-acre) parcel and boasts a prime location with high visibility. Zoned BC by the City of Edmonds, this property benefits from strong area demographics and proximity to key amenities. The Edmonds/Kingston ferry terminal is nearby, and the location offers convenient walking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$889k
Assessed land$595k
Assessed improvement$295k
Effective rate0.69%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$13k
Operating expenses−$21k
NOI · 3.86% cap applied$64k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$518/SF
County average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$210 – $830
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.86%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
E0
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.1
Pharmacy13.8
Auto Parts Store13.6

Location

109 Main St Edmonds, WA 98020
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
107 5th S, Edmonds, WA 98020-3423 $1,060,000 Apr 2024 3,554 SF
610 5th S, Edmonds, WA 98020-3656 $1,400,000 Apr 2024 2,564 SF
9724 Edmonds, Edmonds, WA 98020-5940 $2,425,000 Sep 2022 2,673 SF
320 5th S, Edmonds, WA 98020-3401 $1,900,000 Dec 2021 4,360 SF
422 Main, Edmonds, WA 98020-3138 $225,000 May 2021 4,460 SF
202 5th S, Edmonds, WA 98020-3425 $1,340,000 Mar 2019 2,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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