809 Main St E E Ste Monroe, WA 98272-2172
This exceptional 552-square-foot commercial condo, located at 809 W Main Street Unit E in Monroe, WA, presents a fantastic investment opportunity. Situated on a 0.88-acre lot within a well-maintained professional building, this second-floor unit boasts two distinct work areas separated by a removable, non-load-bearing wall, offering flexible space configuration. A kitchenette with a sink and small refrigerator adds convenience. Climate control is ensured with a unit-specific air conditioner and heat pump. The building benefits from a new roof and exterior paint, completed in 2015. Abundant natural light brightens the space. The unit comes fully furnished, including blinds, a corner electric fireplace, sofas, and even a printer. Shared amenities include four half bathrooms for the six-unit building. Low monthly HOA dues of $190 cover a comprehensive range of services: weekly cleaning of hallways and bathrooms, water, sewer, garbage disposal, building repairs, building insurance, landscaping, parking, and reserve contributions. Prominent signage opportunities are available on the building's lighted monument sign. A convenient CBU mailbox is also provided. This turnkey property is ideal for a variety of businesses seeking a move-in ready space in a prime Monroe location.
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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
PO · Monroe, WAMonroe. 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.