27120 92nd Ave NW 7,700 SF Retail Building Stanwood, WA 98292 $1,000,000 ($129.87/SF) 12.50% Cap Rate

MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN
TO MARKET TWIN CITY LANES AND TROPHY,
this owner/user bowling facility in Stanwood, WA, offers a unique opportunity for
revitalization or repurposing. Located on a 0.72-acre lot with a total area of 7,700
square feet, the property is zoned under MB2 (Mainstreet Business 2), allowing
for a diverse range of commercial uses such as retail, offices, and personal
services. This zoning promotes an active pedestrian environment, which aligns
well with the property’s strategic location. It is shadow-anchored by major grocery
stores like QFC and Grocery Outlet, enhancing visibility and accessibility.
Additionally, its proximity to Heritage Park, a popular recreational area in
Stanwood, adds to its appeal by attracting local and visiting patrons.
Originally known as Twin City Lanes and Trophy, the facility has a rich history,
having been built in 1959 and renovated in 1969. While currently operating as a
bowling facility the property is operating under owner-user, presenting an
opportunity for an owner-user to either revive its original purpose or explore
alternative uses that align with the community’s needs. The property’s location and
zoning make it an attractive option for businesses seeking to capitalize on the
area’s foot traffic and community engagement. With the potential to purchase the
business as well, this site offers a comprehensive package for entrepreneurs
looking to establish a presence in Stanwood’s vibrant Mainstreet Business district.
STRATEGIC LOCATION
The property is strategically located near
major grocery stores like QFC and Grocery
Outlet, enhancing its visibility and
accessibility. Its proximity to Heritage Park,
a popular recreational area, further
increases its appeal by attracting both local
and visiting patrons.
FLEXIBLE ZONING
Zoned under MB2 (Mainstreet Business
2), the property allows for a variety of
commercial uses, including retail, offices,
and personal services. This flexibility in
zoning promotes an active pedestrian
environment and offers multiple
opportunities for business development.
COMMUNITY SETTING
Situated in a community-oriented location,
the property benefits from being part of
Stanwood’s vibrant Mainstreet Business
district. This setting fosters a strong sense
of community engagement, making it ideal
for businesses that thrive on local
interaction.
REVITALIZATION OPPORTUNITY
With a rich history as Twin City Lanes and
Trophy, the facility offers significant
potential for revitalization or repurposing.
Whether maintaining its original use as a
bowling facility or exploring new business
ventures, the property presents a
compelling opportunity for an owner-user
to create a thriving business in a prime
location.