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Investment Highlights
- High-Visibility, High-Traffic Site In the Commercial Center of Snohomish, WA
- Proven Location: Capturing Commuter, Family, And Tourist Traffic With High Repeat Visits Since 1923
- Fully Renovated C-Store With Clean, Inviting Layout and New Coolers in 2021
- Completely Rebuilt In 2020-2021 With New Fuel Pad, Double-Wall Fiberglass Tanks, EMV-Compliant, High-Speed Dispensers, & Tap To Pay System
- No Known Environmental Issues: Site Inspected During 2020 Tank Replacement
- Value-Add Opportunities Via Adding Espresso Stand & Propane
Executive Summary
Lee & Associates is pleased to exclusively offer for sale the Texaco fuel station & ExtraMile convenience store, including fee-simple real estate, located at 701 2nd Street in Snohomish, WA 98290.
The property stands out for its modern, well-maintained infrastructure and clean environmental profile. In 2020, the site underwent a full tank replacement that cleared all known environmental concerns, leaving no outstanding issues or remediation liabilities. Between 2020 and 2021, the entire facility was completely rebuilt, featuring a new fuel pad, double-wall fiberglass tanks, EMV-compliant high-speed dispensers, and a Tap-to-Pay system for fast, secure transactions. The convenience store interior was also refreshed in 2021 with a clean, inviting layout and brand-new coolers, creating an appealing and efficient retail environment with no near-term capital expenditure needs.
Significant value-add opportunities further enhance the investment appeal. Adding an on-site espresso stand would capture higher-margin beverage sales and increase customer visits, while introducing propane sales (tank exchange or refills) would diversify revenue streams and serve additional local demand. These straightforward enhancements, combined with the property’s proven track record, modern upgrades, and prime location, position this asset for continued stability and meaningful NOI growth under new ownership.
The property stands out for its modern, well-maintained infrastructure and clean environmental profile. In 2020, the site underwent a full tank replacement that cleared all known environmental concerns, leaving no outstanding issues or remediation liabilities. Between 2020 and 2021, the entire facility was completely rebuilt, featuring a new fuel pad, double-wall fiberglass tanks, EMV-compliant high-speed dispensers, and a Tap-to-Pay system for fast, secure transactions. The convenience store interior was also refreshed in 2021 with a clean, inviting layout and brand-new coolers, creating an appealing and efficient retail environment with no near-term capital expenditure needs.
Significant value-add opportunities further enhance the investment appeal. Adding an on-site espresso stand would capture higher-margin beverage sales and increase customer visits, while introducing propane sales (tank exchange or refills) would diversify revenue streams and serve additional local demand. These straightforward enhancements, combined with the property’s proven track record, modern upgrades, and prime location, position this asset for continued stability and meaningful NOI growth under new ownership.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,144 SF
Building Class
C
Year Built
1956
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.14 AC
Zoning
Pilchuck District - Center
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 7
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Snohomish Texaco & Extra Mile | 701 2nd St
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