Exceptional mixed-use investment opportunity in the heart of historic downtown Snohomish. This income-producing property features a well-maintained commercial building offering approximately 2,393 square feet of office space, 1,163 square feet of warehouse space, and 313 square feet of additional storage with convenient rear garage-door access. Above the commercial space are two 900 square foot residential apartments, creating a diverse income stream. The property also includes an updated 1,247-square-foot house originally built in 1910, offering flexibility for continued residential use, office occupancy, or future repositioning. Located on desirable 2nd Street with both street parking and on-site parking available, the property benefits from strong visibility and walkability within downtown Snohomish. Currently fully leased and generating approximately $12,759 per month in rental income, priced at a 6.6% cap rate, this is a rare opportunity to acquire a stabilized mixed-use asset in one of Snohomish County's most sought-after historic downtown districts.
| MLS # | 2547398 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 71 |
| Listing Provided By | Dave Nelson Real Estate | Dave Nelson |
| Units | 5 |
|---|---|
| Zoning | Business,Commercial,Office,Retai |
| Acreage | 0.39 |
| Property | 16418 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Snohomish |
| Zip Code | 98290 |
| Area | 610 Southeast Snohomish |
| Community Name | Snohomish |
| Listing VS Median (in Snohomish) | |
Price: $1,800,000 low | high Med: $858,050 On site: 71 low | high Med: 22.5 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Snohomish |
| Zip Code | 98290 |
| Area | 610 Southeast Snohomish |
| Community Name | Snohomish |
| Listing VS Median (in Snohomish) | |
Price: $1,800,000 low | high Med: $858,050 On site: 71 low | high Med: 22.5 | |