118 N Lewis St - Health Club FOR SALE


Monroe, WA 98272
$5,100,000 USD
206-300-0115
118 N Lewis St, Monroe, WA for Sale
$5,100,000 USD
Health Club - FOR SALE
1/12
null | 5.96% Cap Rate

118 N Lewis St
Monroe, WA 98272


HIGHLIGHTS

  • High Visibility Street
  • Corner Retail Building
  • High Foot Traffic Downtown Core

OVERVIEW

Discover this unique 17,924 sf retail building in Monroe’s Historic Business District—a rare opportunity with high visibility, ample parking, and versatile investment potential. As the only large-format retail space in the downtown core, it benefits from prime exposure on Lewis St (WA HWY 203) and generous parking lot with 57 spaces. Ideal for an owner-user, this property offers investors flexible options: maintain its current operation or redevelop for a fresh vision. Zoned “Historic Main” (HM) by the City of Monroe, it supports a variety of uses including offices, retail, dining, and even residential projects. Capitalize on Monroe’s enduring charm and evolving business landscape with this exceptional asset.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

5.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,639 SF

ZONING

HM

APN/PARCEL ID

005174-018-013-00

ASK ABOUT THIS PROPERTY

Ben KaufmanCompassMore Info
206-300-0115

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Ben KaufmanCompassMore Info
206-300-0115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.