36010 US 2 Sultan, WA $ 6,500,000
36010 US 2
$ 6,500,000
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36010 US 2

Sultan, WA, 98294
$ 6,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 40,552

Listed by RE/MAX Extra Inc.
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View a Virtual Tour

Commercial Property for sale in Sultan, WA

for $6,500,000. This building was built in 1963 on a lot size of 9.2942.

Wallace River Mobile Home Park offers 64 rental units public water and septic systems. The 41 manufactured home with NO park owned units, lots are fully occupied with a consistent history of 100% occupancy, 16 of the 23 RV spaces are currently rented, providing steady and diversified income with a 7 CAP. The property features about 1,000 feet of frontage along the Wallace River, including a large common park area for residents to enjoy, as well as roughly 1,200 feet of frontage along SR-2 with three convenient highway access points. Combining stable tenancy, strong income and a scenic riverfront setting That has never flooded, this property represents a rare and valuable long-term investment opportunity. Owner financing with large down.

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Commercial Active

Price

$ 6,500,000

Property Type

Commercial

Taxes

$ 41,418

Style

Mobile Home Park

Lot Size

9.2942

Year Built

1963

Town/City

Sultan

County/Region

Snohomish

MLS | Web ID

2433152

Features
General
Living Area 0
Sewer Septic Tank
Heating Forced Air
Cooling None
Possession Closing
HOA Fee 0
Year Built 1963
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
Waterfront Features Medium Bank River
County Snohomish
Net Operating Income 458060
Insurance Expense 4234
Property Type Commercial Sale
HOA N
Subdivision Name Wallace River
Possible Use Commercial
Building Features Signage Included
Special Listing Conditions None
Status Active
Directions GPS Friendly
City Sultan
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 1
MLS Area 750 - East Snohomish County
Lot Size Units Square Feet
Lot Size Square Feet 404854
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 41418
Electric Expense 18412
Property Condition Good
Public Remarks Wallace River Mobile Home Park offers 64 rental units public water and septic systems. The 41 manufactured home with NO park owned units lots are fully occupied with a consistent history of 100% occu
Virtual Tour https://youtu.be/yCrR4aLvors
Structure Type Manufactured House
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 56394
Water Sewer Garbage 61397
Property Style 72 - Mobile Home Park
Cap Rate 7.04
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 150
Building Area Total 0
Lot Dimensions 923x602
Lot Size Acres 9.2942
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Frontage 923
Parking Uncovered Total 150
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Internal Only
OriginalMLSID NWM2433152
Street Number 1 36010
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* Excluded Features
List By
Don M. Goethals

Listing Agent

Re/Max Extra Inc.

Broker

Affordability Calculator

$44,003
Per Month
92%
8%
0%
Monthly Principal & Interest
$40,552
Monthly Property Taxes
$3,452
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2025$6,500,000 Listed Price

Map


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36010 US 2, Sultan, WA, 98294 is a Commercial Property for sale at $6,500,000 with a lot size of 9.2942. 36010 US 2 was built in 1963. The property's zip code is 98294 which is in Sultan, WA