Property profile

150 Ann St Monroe, WA 98272

OFF-MARKET
Retail properties & Spaces
Property ID
US90-0362420
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
UPID US90-0362420

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

150 Ann St Monroe, WA 98272
Monroe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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