1208 2nd St, Snohomish, WA 98290
- $1,865,000
Listing courtesy of RE/MAX Elite. Selling Office: MADRIC Real Estate LLC.
- Sold Price
- $1,865,000
- List Price
- $1,995,999
- Status
- SOLD
- MLS#
- 2332491
- Closing Date
- Aug 28, 2025
- Days on Market
- 91
- Annual Tax Ammount
- 12932.36
Property Description
Serviss Commercial at RE/MAX Elite is proud to present this unique opportunity in historic downtown Snohomish. Spread across three parcels this offering includes a 5,760 sq ft retail building, a 1,102 sq ft duplex, and a dedicated 14 space parking lot. The retail building is configured into 3 suites, 2 of which are leased, making this the perfect opportunity for an owner/user to operate out of the large space (3,260 sq ft) and supplement their expenses with strong leases! The duplex is fully leased with great tenants.
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Additional Information
- Community
- Snohomish
- Style
- 75 - Retail
- Year Built
- 1910
- # of Assigned Spaces
- 14
- Roof
- Flat
- Tax Year
- 2024
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- GPS works great. Park in the lot off of 2nd st.
- Energy Source
- Electric
- Net Operating Income
- $64,271
- Gross Adjusted Income
- $88,656
- Gross Scheduled Income
- $88,656
- Water/Sewer/Garbage Expenses
- $4,500
- Cap Rate
- 2.86
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.