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Property profile & analytics
OFF-MARKET
Commercial real estate

809 Main St E E Ste Monroe, WA 98272-2172

554 SF 0.88 ac lot Built 1998
Entity Owned 1-yr Hold Free & Clear
Property ID
US90-1538419
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1998
Construction WOOD
Total area 554 SF
Lot 0.88 ac (38,333 SF)
Zoning code PO
APN 878680900500
UPID US90-1538419
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
  • Northwest Data Industrial Manufacturer Production Facility
  • Your Dentist Family & Cosmetic Dentistry of Monroe Dental Office
  • Randall Obbink: Allstate Insurance Insurance Agency
  • Equality Realty Real Estate Agency
  • Lucinda Folsom Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Velvet Salon LLC · 1 yrs held
The Velvet Salon LLC
since 2025
Last sale
$168,000
4 recorded transactions
2025
$168,000
2016
$80,000
2016
Price N/A
1999
$78,660
Zoning & alternative use
PO · Monroe, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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