18950 State Route 2 Hwy Monroe, WA 98272
65,776 Sq. Ft., 1.51 acres lot size / Industrial
Status: Active
Listing Courtesy of: Richard Buchanan - KW Greater Seattle +1 206 632 2636
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
Compelling investment opportunity for investors & developers seeking both immediate cash flow & long-term upside. Strategically positioned along major corridor w/ strong visibility & convenient access, the property benefits from consistent drive-by traffic and proximity to regional demand drivers, including the Evergreen State Fairgrounds, outdoor recreation, & growing residential communities. This independently operated hotel offers new ownership complete operational flexibility. Investors have option to continue operating or pursue rebranding w/ national or regional flag to enhance market positioning & revenue potential. Features solid existing structure w/ significant value-add potential through renovations, operational improvements, & repositioning strategies. Some upgrades could drive higher average daily rates (ADR) & occupancy levels, aligning the property w/ evolving guest expectations. In addition, the site offers notable redevelopment opportunities. Located along Hwy 2, a key east-west corridor, combined w/ favorable zoning & strong regional growth trends, supports consideration for alternative uses. Potential redevelopment may incl multifamily housing, mixed-use development, or a modernized hospitality concept tailored to current market demand. With continued population growth in Snohomish County & increasing lodging demand and housing in the area, the Inn represents rare opportunity to acquire a well-located asset w/ stable income characteristics.
property details
Type
Industrial
Status
Active
County
Snohomish
Year Built
1986
Lot Size
65,776 Sq. Ft., 1.5 acres
Listing Id
2505950
Courtesy Of
Richard Buchanan - KW Greater Seattle +1 206 632 2636
List Office Phone
+1 206 632 2636
Subdivision
Monroe
Exterior Features
Roof
Composition
Lot/Land Description
Level
Parking Spaces
64
Utility & Building Info
Parcel Number
27060100112200
Water Source
Public Water
Heating
Electric Heating
None
None
Tax Amount
43377
Architectural Style
Other
Based on information submitted to the MLS GRID as of 6/6/2026 12:00:00 AM (date and time MLS GRID Data was obtained). 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID
DMCA Notice
Price History
| date | event | price | source |
|---|---|---|---|
|
05/12/2026
05/12/2026
|
Active |
$5,999,900
|
NWMLS - Northwest MLS - Seattle |
|
04/15/2026
04/15/2026
|
Active |
$6,500,000
|
NWMLS - Northwest MLS - Seattle |
View More
Market Trends
Source: Constellation1
Mortgage Calculator
Estimated Mortgage Payment
Your total payment will be
{{ currency_symbol }}{{ parseInt(monthlyMortgage).formatThousands(0) }}
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}
({{ downPaymentFormatted }})
(Years)
Estimate does not reflect Property Tax, PMI or Homeowner Insurance. Mortgage Calculator provided by Berkshire Hathaway HomeServices.
