1118 1st St - Storefront FOR SALE


Snohomish, WA 98290
$2,800,000 USD
206-300-0115
1118 1st St, Snohomish, WA for Sale
$2,800,000 USD
Storefront - FOR SALE
1/13
null | 5.78% Cap Rate

1118 1st St
Snohomish, WA 98290


HIGHLIGHTS

  • Heavy Foot & Vehicle Traffic
  • Tourist Shopping Corridor
  • 100% Leased NNN Asset

OVERVIEW

A rare investment opportunity in the heart of historic downtown Snohomish, this 100% leased, four-tenant NNN property delivers strong cash flow, stable income, and enduring appeal. The iconic Pioneer Market Building, built in 1888 as the town’s first three-story structure, stands as a beautifully preserved brick landmark and a proud centerpiece of Snohomish heritage. Perfectly positioned on bustling 1st Street, the property is surrounded by thriving boutiques, antique shops, and popular dining destinations that attract steady local and tourist traffic year-round. From its upper floors, enjoy sweeping views of the Snohomish River and Kla Ha Ya Park, enhancing its timeless character and charm. With a diversified tenant mix of three retail spaces and one office suite, the building combines architectural distinction with dependable income performance. A cornerstone of downtown Snohomish, this property represents a rare chance to own a piece of history while securing a proven, income-producing asset for generations to come.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

5.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pioneer Market Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

HB

APN/PARCEL ID

005795-007-015-05

ASK ABOUT THIS PROPERTY

Ben KaufmanCompassMore Info
206-300-0115

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Ben KaufmanCompassMore Info
206-300-0115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.