For Sale
$1,099,000
10206 Wa-532 Stanwood, WA 98292
Prime Location, High NOI, Owner/User
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 2,312 sq ft convenience store on busy State Route 532 in Stanwood, WA, with over 20,000 daily vehicle counts.
- 8,712 sq ft lot with 8 parking spaces, walk-in cooler, and fully equipped kitchen.
- Turnkey operation with inventory available; currently operating as Bob's Market.
- $1,099,000 asking price; $77,767 NOI (pro-forma NOI $140,000, 12.74% pro-forma cap rate), 7.08% cap rate.
- MB1 zoning; city water and sewer; new development across the street (opening October 2024) adding 200+ employees.
Property Details for 10206 Wa-532
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 2,312 SF
- Year Built
- 1978
- Stories
- 1
- Units
- 1
Location Insight
- City
- Stanwood
- County
- Snohomish
- State
- Washington
- Latitude
- 48.2412225
- Longitude
- -122.3711662
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime Location, High NOI, Owner/User
- Where is the retail property located?
- The property is located at 10206 Wa-532 Stanwood, WA.
- What is the asking price?
- The asking price for this property is $1,099,000.
- What are key features of this property?
- This property features: 2,312 sq ft convenience store on busy State Route 532 in Stanwood, WA, with over 20,000 daily vehicle counts.; 8,712 sq ft lot with 8 parking spaces, walk-in cooler, and fully equipped kitchen.; Turnkey operation with inventory available; currently operating as Bob's Market.
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