618 Maple Avenue, Snohomish, WA 98290

$740,000

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Listing courtesy of eXp Realty. Selling Office: Keller Williams Realty Bothell.

Sold Price
$740,000
List Price
$695,000
Status
SOLD
MLS#
2135254
Closing Date
Aug 31, 2023
Days on Market
2
Annual Tax Ammount
3365
Internet Provider
Comcast

Property Description

{{Exceptional investment opportunity in historic Snohomish}} This rare prime commercial warehouse space w/ retail frontage, built in 1979, presents an ideal venture for astute entrepreneurs. Boasting a generous building square footage of 3830 and an expansive lot size of 8276 sq ft. This property offers immense potential for various business ventures. Two 10' roll-up doors for warehouse space access front & rear. One space is currently utilized as an escape room adventure/event space w/ a flexible layout & temporary configuration. 1 bedroom apartment upstairs, extra office space on the front & side. Keep as a multi-tenant or utilize the space as a single tenant. MU zoning. Don’t miss out on this great opportunity in downtown Snohomish.

Additional Information

Community
Snohomish
Building Condition
Fair
Style
60 - Comm Bldg Und 10K
Year Built
1979
# of Assigned Spaces
7
Roof
Metal
Tax Year
2023
Potential Terms
Cash Out, Conventional
Interior Features
Concrete, Hardwood, Laminate, Wall to Wall Carpet
Flooring
Concrete, Hardwood, Laminate, Vinyl, Carpet
Driving Directions
From Hwy 9 take 2nd St exit - east on 2nd - left on Maple - .5 mile - property will be on left
Other Expenses
6960
Energy Source
Electric
Net Operating Income
$53,795
Gross Adjusted Income
$66,120
Gross Scheduled Income
$69,600
Cap Rate
7.74
Vacancy Rate
5
Total Expenses
$12,325
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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