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820 2nd St Snohomish, WA 98290

  • 0.08 Acres
  • Commercial/Industrial
Listing# 1431751 | Active

$299,000

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Days On Market: 172 0 Views
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Property Details

Commercial Building in downtown Snohomish on busy 2nd St. Great investment opportunity with long-term tenant. This building has been remodeled and includes 3 parking spaces in back & street parking on 2nd. Current Cap Rate of 6.3%. The property next door is also available - MLS# 1425794

  • General Features
    • County Snohomish
    • Zoning Class Commercial, Office, Residential
    • Zoning Jurisdiction City
    • Style 60-Comm Bldg Und 10K
    • Approx Building SqFt 1,208
    • Approx Whse/Mfg SqFt 0
    • Approx Office SqFt 0
    • Total Uncovered Parking 0
    • Total Covered Parking 0
    • Lot Dimensions 28x120
  • Building Features
    • Exterior Stucco
    • Foundation Post and Pillar
    • Roof Composition
    • Floor Covering Wall-to-Wall Carpet
    • Heating and Cooling Forced Air
  • Property Features
    • Lot Square Footage 3,480
    • Depth of Lot 120
    • Site Frontage 28
    • Water-Sewer-Garbage 0
    • Sewer Sewer Connected
    • Sewer Company Snohomish Utilities
    • Energy Source Electric
    • Power Company PUD
    • Number of Available Pads 0
  • Financials
    • Vacancy Rate 0
    • Total SqFt Rented 0
    • Total Monthly Rent $0
    • Gross Rent Multiplier 13
    • Cap Rate -NOI div LP 6
    • Gross Scheduled Income $20,400
    • Gross Adjusted Income $20,400
    • Total Expenses $3,060
    • NOI $17,340
    • Electrical Expenses $0
    • Tax Expense $1,940
    • Heating Expense $0
    • Insurance Expense $1,180
    • Annual Assoc. Dues $0
    • Other Expenses $0
    • Tax Year 2019

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Neighborhood

98290 (Snohomish) Demographics

42Median Age
289Population Density (per sq. mile)
39%College Educated
$80,480 Estimated Median Income
9,544Estimated Total Home Owners
2,887Estimated Total Renters
77% / 23%Estimated Owner / Renter Divide
2Estimated Average Household Size
34,218Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$500,000 Median Sales Price
59 Homes Sold
0 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $299,000
      3/30/2019 9:31:00 AM New in Database Source

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      This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.