125 E Main St

    Monroe, WA 98272
    • $1,650,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: 1472452
    $1,650,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate/Hlc.

    Description

    Fully leased office/retail building in downtown Monroe. Great opportunity to own a building in the fast growing Monroe area with more new construction planned. Good cap rate of 6%. Building equipped with security system, elevators and newer HVAC system. Plenty of parking with the shared lot. Don't miss out on this building.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-22T10:14:04.67.

    www.northernkeyteam.com/homes/95813803

    125 E Main St Monroe, WA 98272

    • Price: $1,650,000
    • Status: Active
    • ID#: 1472452
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1995
    Built
    Neighborhood:
    In Town - Monroe
    County:
    Snohomish
    Area:
    E. Snohomish Cty/Snohomish/Monroe/Sultan
    Property Description
    Fully leased office/retail building in downtown Monroe. Great opportunity to own a building in the fast growing Monroe area with more new construction planned. Good cap rate of 6%. Building equipped with security system, elevators and newer HVAC system. Plenty of parking with the shared lot. Don't miss out on this building.
    Exterior Features

    Building Condition Good Construction Methods Standard Frame Exterior Brick Foundation Poured Concrete Lot Depth 0 Lot Topography And Vegetation Level Roof Flat Site Frontage 0 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 12435 Heating And Cooling Forced Air Office Sq Ft 9547 Total Sq Ft Rented 9547

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 1286000 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 4.79 Cap Rate N Commercial Features Elevator Electrical Expenses 12791 Energy Source Electric Environment Survey N EPSEnergy 0 Expansion Area N Form17 Not Provided Free And Clear N General Zoning Classification Commercial Gross Adjusted Income 157143 Gross Rent Multiplier 10 Gross Scheduled Income 157143 Heating Expenses 8260 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2753 Net Operating Income 79000 Other Expenses 15243 Possession Sub. Tenant's Rights Power Company Sno Pud Power Service Amps 0 Sewer Sewer Connected Sewer Company Monroe Tax Amount 14962 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 61203 Total Expenses TEX 61203 Total Monthly Rent 13447 Vacancy Rate 0 Water Company Monroe Water Sewer Garbage 7194 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northern Key Realty | Compass Washington and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-22T10:14:04.67.

     
    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Windermere Real Estate/Hlc.