19930 State Route 2

Monroe, WA 98272

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1953

  • Status: Active

$1,500,000

X

19930 State Route 2

Monroe 98272

$1500000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1953

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Prime Highway 2 Commercial Redevelopment Opportunity with Existing Income on .58 acres. Zoned General Commercial, this high-visibility property benefits from approximately 22,000 vehicles per day along the busy Highway 2 corridor, providing excellent exposure for future commercial uses. The site offers strong potential for redevelopment including retail, restaurant, office, or mixed-use projects. Currently operating as a 19-unit motel with weekly rentals, the property generates interim income while future plans are developed. Utilities are already on site and the larger parcel size offers flexibility for redevelopment, expansion, or repositioning. Conveniently located in Monroe along a major commuter and recreation route connecting Everett, Monroe, and Stevens Pass, with nearby shopping, dining, and services. Rare opportunity to acquire a larger commercial parcel with strong visibility, existing income, and long-term development potential. Pro Forma Financials indicate an estimated 13% CAP RATE based on projected stabilized operations.

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Residence Information

  • 0

  • Composition, Torch Down

  • 64 - Hotel/Motel

  • 1953

  • Block, Slab

Features and Utilities

  • Brick, Cement/Concrete, Wood, Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 9421

  • Cash, Conventional

  • 03-26-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional

  • $1,500,000

  • $1,500,000

  • Mar 27, 2026 00:41

Schools

Map

Listing courtesy of Daily Realty Group LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Mar 27, 2026 10:17 | Listing last modified Mar 27, 2026 00:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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