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223 S Lewis St 6,200 SF 50% Leased Retail Building Monroe, WA 98272 $1,075,000 ($173.39/SF) 7% Cap Rate

Mixed Use Properties Washington Monroe 223 S Lewis St, Monroe, WA 98272

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Executive Summary

Gem of a building located in historic downtown Monroe. 4,800 sq.ft. retail/office space on busy SR 203. Additional detached storage building and garages on back alley. First floor retail space includes small office and 2 separate bathrooms, gas heat, large roll up door. Second floor offices include full kitchen, 3 bathrooms. 1 full bath, 1 3/4 bath and a 1/2 bath.
https://portal.onehome.com/en-US/properties/map?token=eyJPU04iOiJOV01MUyIsInR5cGUiOiIwIiwiY29udGFjdGlkIjoxNjE1MTk0LCJzZXRpZCI6IjIyMjEzODI2NSIsInNldGtleSI6IjgzMiIsImVtYWlsIjoiZ3JlZ2Fyc0Bob3RtYWlsLmNvbSIsInJlc291cmNlaWQiOjAsImFnZW50aWQiOjM3NTk1LCJWaWV3TW9kZSI6IjEifQ%3D%3D&SMS=0&searchId=f719748f-9192-3dc5-975e-3e7c3aa46dd8

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,200 SF
Building Class
C
Year Built
1905
Price
$1,075,000
Price Per SF
$173.39
Cap Rate
7%
NOI
$75,250
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.23 AC
Zoning
Monroe DC - Commercial - Monroe DC: Commercial Office/Retail & Light Industrial
Parking
8 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
50’ on S. Lewis

Amenities

  • Bus Line
  • Security System
  • Storage Space
1 1
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

U.S. Bank
KeyBank
Columbia Bank
WaFd Bank
Chase Bank
TacoTime
IHOP
Grocery Outlet
Safeway
Bank of America

Property Taxes

Parcel Numbers
Multiple
  • 005174-042-019-00
  • 005174-042-017-01
 Improvements Assessment $599,300
Land Assessment $443,800 Total Assessment $1,043,100

Property Taxes

Parcel Numbers
Multiple
  • 005174-042-019-00
  • 005174-042-017-01
Land Assessment
$443,800
Improvements Assessment
$599,300
Total Assessment
$1,043,100
(425) 214-2001

Still interested?

Contact the broker for more information about this property

Contact

  • Gregory Bower
    Gregory Bower
  • Bower Real Estate Services

  • Listing ID: 39136250

  • Date on Market: 1/19/2026

  • Last Updated:

  • Address: 223 S Lewis St, Monroe, WA 98272

More public record information on 223 S Lewis St, Monroe, WA 98272

The Retail Property at 223 S Lewis St, Monroe, WA 98272 is currently available for Sale. Contact Bower Real Estate Services for more information.

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223 S Lewis St
(425) 214-2001 x

223 S Lewis St

Gregory Bower
(425) 214-2001

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