23905 Hwy 99
Edmonds WA 98026
23905 Highway 99
23905 Hwy 99 Edmonds WA 98026
Listing #: 710525 | Status: Available | Last Modified: 5/5/2026 |
For Sale
- Phone:(425) 240-1617
- Email:scottcb.lee@gmail.com
- Office Name:Best Choice Realty
- Office Phone:(206) 947-0811
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,300,000.0
- $/SF$ 273.0
- Listing StatusAvailable
- Days on Market42
- Asset ClassHotel/Motel
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 8.50 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings3
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12086
- Net Rentable Area12086
- Total Office SF
- Largest Contiguous SF
- Lot SF32234
- Acres0.74
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaMountlake Terrace
- Tax ID #00451900201602
- Additional Parcels
- ZoningCG
- Year Built1950
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Exceptional High-Yield Investment Opportunity Discover this high-performing hospitality business located in a prime Edmonds location. Key Highlights: 1. Strong Financials: High cash flow with an impressive 8.51% Cap Rate. 2. Stable Income: Consistently high occupancy rate with a proven track record. 3. Strategic Location: Situated just off Highway 99, providing effortless access to I-5 and major regional transit corridors. 4. Future Value: Excellent potential for further value-add or long-term appreciation. Don’t miss out on this prime investment in one of the most accessible areas of Edmonds.