8030 railroad Avenue SE, Snoqualmie, WA 98065

$2,695,000

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Listing courtesy of Pellego, Inc..

List Price
$2,695,000
Status
ACTIVE
MLS#
2451589
Days on Market
269
Annual Tax Ammount
18669

Property Description

The Snoqualmie Market Retail Center presents an exceptional investment opportunity in the heart of historic downtown Snoqualmie, WA. This fully-leased, four-tenant retail center is a cornerstone of the community, offering investors long-term stability and strong rental upside. Great mix of long term tenants. A 30 plus year anchor tenant and a restaurant with rave reviews. Property covers 130’ of prime frontage along Highway 202. One of the only property in downtown with storefront parking. Just minutes from the Snoqualmie Falls. Lots of tourist traffic.

Additional Information

Community
Snoqualmie
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1963
# of Assigned Spaces
16
Roof
Flat, Torch Down
Tax Year
2025
Potential Terms
Cash Out, Conventional
Flooring
Concrete, Laminate
Driving Directions
Property is on Railroad Ave Se
Energy Source
Electric, Natural Gas
Net Operating Income
$168,661
Gross Scheduled Income
$243,891
Cap Rate
6.25
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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