18950 State Route 2, Monroe, WA 98272
See all 11 photos
18950 State Route 2, Monroe, WA 98272
18950 State Route 2, Monroe, WA 98272
18950 State Route 2, Monroe, WA 98272
18950 State Route 2, Monroe, WA 98272
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by:KW Greater Seattle • Richard C. Buchanan
SimpliHOM - Making Real Estate Simple

SimpliHOM - Making Real Estate Simple

+1(855) 856-9466
Listed by:KW Greater Seattle • Richard C. Buchanan
$ 5,700,000
Est. payment /mo
Save
Active

18950 State Route 2 Monroe, WA 98272

1.51 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Monroe

MLS Listing ID 2505950

Style 64 - Hotel/Motel

Year Built 1986

Annual Tax Amount $43,377

Lot Size 1.510 Acres

Property Sub-Type Commercial Industrial

Property Description

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.

Location

State WA

County Snohomish

Area 750 - East Snohomish County

Interior

Fireplace false

Exterior

Exterior Feature Brick, Wood, Wood Products

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)

Nearby Locations

Our Story


From Humble Beginnings to a Nationwide Movement


At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

 

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

 

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

 
Our Mission: Making Real Estate Simple


We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

 
Innovative Technology Meets Human

SimpliHOM - Making Real Estate Simple

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

18950 State Route 2

};