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Song River Monroe Wedding & Events Venue 114 N Lewis St 15,340 SF Vacant Retail Building Monroe, WA 98272 $4,536,740 CAD ($295.75 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime downtown location
  • Surrounded by restaurants
  • Downtown Commercial Historic Main Zoning Allows a long list of options. See link below
  • Plentiful free street parking
  • heavy foot traffic

EXECUTIVE SUMMARY

Prime investment property and tenant is willing to stay. Currently month-to-month lease. Option for owner-user. Downtown Commercial Historic Main Zoning allows a wide range of usage from residential, entertainment, hospitality, mixed use, retails, and a-long-list more- see Zoning link below for more details. renovation dates: 2008, 2019, 2023. Please text or email first for a faster response!
Seller financing available for approved buyers!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,340 SF
Building Class
B
Year Built/Renovated
1955/2023
Price
$4,536,740 CAD
Price Per SF
$295.75 CAD
Cap Rate
6%
NOI
$272,204 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.22 AC
Zoning
DC
Parking
9 Spaces (0.59 Spaces per 1,000 SF Leased)
Frontage
40’ on Lewis St

AMENITIES

  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 15,340 SF
  • Retail
  • -
  • Now

Downtown Commercial Historic Main Zoning allows a wide range of usage from residential, entertainment, hospitality, mixed use, retails, and a-long-list more- see Zoning link below for more details. renovation dates: 2008, 2019, 2023. Please text or email first for a faster response! Property also available for purchase for $3,250,000. Seller financing available for approved buyers!

Space Size Space Use Position Available
1st Floor 15,340 SF Retail - Now

1st Floor

Size
15,340 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 15,340 SF
Space Use Retail
Position -
Available Now

Downtown Commercial Historic Main Zoning allows a wide range of usage from residential, entertainment, hospitality, mixed use, retails, and a-long-list more- see Zoning link below for more details. renovation dates: 2008, 2019, 2023. Please text or email first for a faster response! Property also available for purchase for $3,250,000. Seller financing available for approved buyers!

Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

U.S. Bank
KeyBank
Columbia Bank
WaFd Bank
Chase Bank
TacoTime
IHOP
Grocery Outlet
Safeway
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005174-018-012-00
Land Assessment
$454,257 CAD
Improvements Assessment
$1,153,048 CAD
Total Assessment
$1,607,305 CAD
  • Listing ID: 34887507

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 114 N Lewis St, Monroe, WA 98272

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