924 First Street

924 1st St Snohomish WA 98290

Listing #: 542459 | Status: Available | Last Modified: 10/4/2018 |

For Sale

924 1st St Snohomish WA 98290

Agent Information
Showing Instructions
Call Listing AgentYes
Use DiscretionYes

Laura Huntington

(425) 754-4518
lhuntington@workmanres.com

Workman Real Estate Services

(425) 754-4518

Listing Information
Price
Listing Price$ 1,000,000
$/SF$ 200.00
Listing StatusAvailable
Days On Market1,580
Asset ClassRetail, Office
TermsAll Cash at Closing
Investment Information
Investment TypeProforma
Investment PropYes
Gross Income$ 77,961
Vacancy Factor %0.00%
Operating Expenses$ 18,626
Net Operating Income$ 59,335
CAP Rate5.93 %
Detail Listing Information
Min Total SF154
Max Total SF5,000
Lease Rate Low$ 14.78
Lease Rate High$ 25.00
Utilities
Sanitary Sewer City
Water City
Electricity County
Storm Sewer City
Gas Lines Private
Retail Information
Signage Signage on Building and Freestanding
AnchorThe Repp Restaurant
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
# of Units6
# of Elevators0
Total Building Sq/ft5,000
Net Rentable Area4,593
Total Office Sq/ft659
Largest Continuous Sq/ft2,500
Lot Sq/ft3,049
Acres0.07
Property Type
Property TypeMixed Use
Office TypeMulti-Tenant
InvestmentYes
Building ClassB
Location
CountySnohomish
Location DescriptionNortheast Corner of First Street and Avenue A
Cross StreetAvenue A
Market AreaSnohomish (City)/Monroe/Sultan/Gold Bar
Tax ID #00579500501501
ZoningHBD
Construction
Year Built1893
Year Renovated2014
Roof TypeBuilt up
Construction TypeBrick, Framed

Snohomish Historic Landmark for Sale on 1st and A

Public Comments: Newly Restored and Fully Leased Historic Landmark located in the Heart of the Historic Business District in Snohomish. Restaurant, Residential, Retail and Office Tenants provide a stable income producing property. Potential to improve/develop net rentable area by an additional 2500 square feet on the lower floor level.

Showing Instructions: Fully Leased, please call the Listing Agent to tour with more than 24 hour notice requested by residential tenant.

Public Building Comments: In the Heart of the Historic District in Snohomish. Located prominently on the corner of First Street and Avenue A, this multi-tenant brick building is rich with character and history. 2500 ASF well established restaurant on the main street level. 1434 ASF Residential and Four Executive Office Suites on the upper level. Close access to Highway 9 and 2 and also Avenue D, the main commercial/residential connectors in Snohomish.

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