Listed by Richard C. Buchanan, KW Greater Seattle
- Commercial Industrial
- Type
- 1986
- Year built
- 65,776 sq ft
- Lot
- 89
- Days on market
About this property
Compelling investment opportunity for investors & developers seeking both immediate cash flow & long-term upside. Strategically positioned along major corridor w/ strong visibility & convenient access, the property benefits from consistent drive-by traffic and proximity to regional demand drivers, including the Evergreen State Fairgrounds, outdoor recreation, & growing residential communities. This independently operated hotel offers new ownership complete operational flexibility. Investors have option to continue operating or pursue rebranding w/ national or regional flag to enhance market positioning & revenue potential. Features solid existing structure w/ significant value-add potential through renovations, operational improvements, & repositioning strategies. Some upgrades could drive higher average daily rates (ADR) & occupancy levels, aligning the property w/ evolving guest expectations. In addition, the site offers notable redevelopment opportunities. Located along Hwy 2, a key east-west corridor, combined w/ favorable zoning & strong regional growth trends, supports consideration for alternative uses. Potential redevelopment may incl multifamily housing, mixed-use development, or a modernized hospitality concept tailored to current market demand. With continued population growth in Snohomish County & increasing lodging demand and housing in the area, the Inn represents rare opportunity to acquire a well-located asset w/ stable income characteristics.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2505950
- Listed
- April 15, 2026
- Days on market
- 89
- Original list price
- $6,500,000
Parking
- Total spaces
- 64
Construction
- Year built
- 1986
- Style
- 64 - Hotel/Motel
- Structure
- Hotel/Motel
- Roof
- Composition
Heating & cooling
- Energy source
- ElectricGround Source
Lot
- Lot size
- 65,776 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Monroe
- Sewer
- City of Monroe
- Power
- Sno PUD
What stands out to you?
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- Hotel/Motel
- Composition
- Electric
- Ground Source
- Cash
- Conventional
Listing history
Listed
$6,500,000
April 15, 2026
Current price
$5,700,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$33,192
- Principal & interest
- $28,822
- Property tax (est.)
- $4,370
Assumes $1,140,000 down (20%), a $4,560,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

