701 2nd St, Snohomish, WA 98290

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 subject property is strategically located in the commercial heart of Snohomish, WA, on a high-visibility, high-traffic site that benefits from excellent exposure and easy access. Positioned at a key intersection, the location captures consistent commuter, family, and tourist traffic, ensuring strong daily customer flow and high repeat visits. The site has proven its enduring success for over a century, with fuel sales continuously operating since 1923, building a loyal, long-standing customer base that has made this business a trusted community staple.

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.