18950 State Route 2, Monroe, Washington 98272

WA, Monroe
$6,500,000
  • 1.51 Acre
  • Commercial Sale Property Type
  • 1986 Year Built
  • Active Status
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.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2505950
  • Price: $6,500,000
  • Year Built: 1986
  • Lot Area: 1.51 Acre
  • Status: Active
  • Office Name: KW Greater Seattle
  • Agent Name: Richard C. Buchanan
  • Property Sub Type: Commercial Industrial
  • Roof: Composition
Features
  • Exterior Features Wood, Wood Products, Brick
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Monroe
  • Zipcode 98272
  • Street: State Route 2
  • Street Number: 18950
  • Longitude: W122° 1' 28.4''
  • Latitude: N47° 51' 35.5''
  • Directions: S side of hwy 2, SE of 522/hwy 2 junction.
  • Mls Area Major: 750 - East Snohomish County
Additional Information
  • Water Source: Public
  • Possible Use: Commercial,See Remarks
  • On Market Date: 2026-04-15
  • Number Of Units Total: 2
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood, Brick
Financial
  • Tax Annual Amount: 43377
Listing Information
  • List Agent Mls Id: 82075
  • List Office Mls Id: 317
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-22T18:51:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-15T20:04:47Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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