Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2443759MLS Provider

1118 1st StreetSnohomish, WA 98290

Commercial · 0.07 Acres
$2,750,000 Active

1118 1st Street Overview

Visits:
12

An exceptional investment opportunity, this 100% leased, four-tenant NNN property delivers strong cash flow and stable income in the heart of historic downtown Snohomish. The iconic Pioneer Market Building, built in 1888 as the town’s first three-story structure, stands as a beautifully preserved brick landmark and centerpiece of heritage and charm. Perfectly positioned on bustling 1st Street among boutiques, antique shops, and popular dining spots, it offers sweeping views of the Snohomish River and Kla Ha Ya Park. A rare chance to own a timeless piece of Snohomish history with proven NNN income and enduring value.

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1118 1st Street Facts & Features

  • Type Commercial
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 28961
  • Electric Expense: 3167
  • Fuel Expense: 3167
  • Gross Scheduled Income: 236310
  • Insurance Expense: 7500
  • Net Operating Income: 161886
  • Total Expenses: 67335
  • Water/Sewer/Garbage: 3167

Building Information

  • Year Built: 1888

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 750 - East Snohomish County
  • Subdivision Name: In Town - Snohomish

Tax Information

  • Tax Annual Amount: $21,373.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 00579500701505
  • Possible Use: Commercial
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 9688
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Parking Information

  • Open Parking: No

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Square Feet: 3049
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Torch Down
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Brick
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 4 Details

  • Unit Type: Office
  • Actual Rent: 3693

Unit 3 Details

  • Unit Type: Retail
  • Actual Rent: 2205

Unit 1 Details

  • Unit Type: Retail
  • Actual Rent: 2582

Unit 2 Details

  • Unit Type: Retail
  • Actual Rent: 5551

1118 1st Street Neighborhood

Community

98290 (Snohomish) Demographics

43
Median Age
306
Population Density (per sq. mile)
43%
College Educated
$104,091
Estimated Median Income
10,790
Estimated Total Home Owners
2,802
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1118 1st Street Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1118 1st Street Market Data

Based on the last 30 days in this zip code

$1,083,257
Average List Price
$421
Average Price per Square Foot
31
Properties Sold
53
Average Days on Market
187
Properties for Sale
Calculations provided by Reliance Network