Property summary
This 1,300 square foot commercial space, located in Monroe's East Downtown neighborhood, offers a unique blend of retail and office potential. The property features approximately 400 square feet of ground-level concrete floor space and 900 square feet of raised upper-level hardwood flooring, providing versatile options for various business types. The building is approximately 48 feet wide and 26 feet deep, and is completely fenced. A large parking area (approximately 115 x 60 feet) is available for a separate fee. The property boasts 3-phase, 220V, 200-amp electrical service, with city water, sewer, and stormwater utilities. Electricity is provided by PUD, and natural gas by PSE. The property is zoned for Downtown Commercial use (East Downtown Neighborhood MMC 22.22.050), allowing for a wide range of permitted uses, including but not limited to: retail, office, healthcare, professional services, and many more. A complete list of permitted uses is available, however, the city prohibits auto repair, detailing, storage, service, and body work. This single-tenant space is conveniently located a few blocks from Hwy 2 and Hwy 203, offering excellent accessibility and visibility. A NNN lease is available. Prospective tenants are responsible for verifying permitted uses.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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