113 5th S Ave Edmonds, WA 98020-3423
This exceptional investment opportunity presents a mixed-use retail building ideally situated in the heart of downtown Edmonds, Washington. The property, located at 113 5th Ave S, Edmonds, WA 98020, encompasses a substantial 2,264 square feet on a 0.07-acre lot. Currently, the building houses two tenants: one long-term occupant and one vacant space of approximately 360 square feet, presenting immediate potential for increased revenue. The property is zoned BC - City of Edmonds, reflecting its prime commercial location. Its strategic placement benefits from high foot traffic and proximity to key amenities, including the Edmonds/Kingston ferry terminal, and is within walking distance of numerous retail establishments, residential areas, and financial institutions. The strong demographics of the area further enhance the investment appeal. The asking price for this exceptional property is $1,350,000. This represents a rare chance to acquire a well-positioned, mixed-use building with significant upside potential in a thriving Washington community. The property's size and location make it an attractive investment for both seasoned and new investors seeking a strong return on investment in a desirable market. The approximately 3,000 square foot parcel offers flexibility for future development or expansion.
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Engel's Pub Nightclub Bar & Pub
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bar Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
E0 · Edmonds, WAEdmonds. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.