101 Main StMonroe, WA 98272

Property Details for 101 Main St

Year built

1995

Construction

TYPE NOT SPECIFIED

Lot size

0.39 AC

Property size (Sq ft)

19,156 SF

Zone code

O0

Property type

Retail properties

Property subtype

Retail space

APN

517401700100

APU

517401700100

Description

This exceptional mixed-use retail property, located at 101 E Main St in Monroe, Washington, 98272, offers 10,260 square feet of versatile commercial space. Currently, 4,059 square feet is available, divisible into units as small as 942 square feet, with a maximum contiguous space of 3,117 square feet. Situated in Snohomish County, this well-appointed building presents a fantastic opportunity for businesses seeking a prominent location in a thriving community. The property's attractive design and flexible lease terms make it an ideal choice for a variety of retail uses. Its central location on Main Street ensures high visibility and accessibility for customers. The building's multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and dynamic commercial environment. This is a rare opportunity to secure prime retail space in a desirable location with excellent potential for growth and success. The property's size and layout offer considerable flexibility for businesses of various sizes and needs, making it a truly versatile and attractive investment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $7,595,548

  6.5%

  $7,011,276

  7%

  $6,510,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,673,738

  Geo Method

  $9,296,437

• Alternative Use

  Use

  Valuation

  Residential

  $5,914,274

  Hospitality

  $5,417,442

  Educational

  $4,507,248

  Medical

  $4,662,260

  Retail

  $7,011,276

Location Insight

City

Monroe

County

Snohomish

State

Washington

Latitude

47.8562

Longitude

-121.97

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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