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Property profile & analytics
OFF-MARKET Estimated value $1,355,000
Office buildings

611 Main St Edmonds, WA 98020-3096

3,110 SF 0.15 ac lot Built 1948
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-0073983
Property summary
AI-generated overview

This exceptional commercial property at 611 Main Street in Edmonds, Washington, offers a rare opportunity to lease flexible office space in a vibrant downtown location. The building, totaling 2,739 square feet, is currently fully vacant and available for lease. The property is classified as both retail and office space, catering to a variety of business needs. Multiple tenancy options are available, with spaces ranging from a minimum of 246 square feet to a maximum contiguous space of 737 square feet. This allows for businesses of various sizes to find a suitable fit. The building's location in Snohomish County, with a 98020 zip code, provides easy access to local amenities, transportation, and a thriving business community. The address is 611 Main Street, Edmonds, WA. This is an ideal opportunity for businesses seeking a prominent location in a bustling city center. The property's versatility makes it suitable for a range of office uses, from executive suites to traditional office setups. The entire 2,739 square feet is available for lease, offering significant potential for a single tenant or the possibility of dividing the space to accommodate multiple businesses. Interested parties are encouraged to inquire about lease terms and availability.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1948
Construction WOOD
Total area 3,110 SF
Lot 0.15 ac (6,534 SF)
Zoning code BD2
APN 434209803700
UPID US90-0073983
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
  • Steve Dill Counseling Counselor
  • Stempf Deborah A Physician
  • Integrated Counseling Services, LLC Physician Medical Clinic
  • Mestres Noelle Marriage Or Relationship Counselor
  • Joshua Green Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.78M
CAP Approach CAP
$910k
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.36M
Owner & transaction history
Gbh Holdings LLC · 5 yrs held
Gbh Holdings LLC
since 2021
Last sale
$1.4M
5 recorded transactions
2021
$1.4M
2018
Price N/A
2005
$544,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BD2 · Edmonds, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.4M +12.1%
Medical building $1.2M +0.9%
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