$995,000
Est. $5,312/moPrice reduced $255,000 from the original $1,250,000 asking price
381 E Main Street, Monroe, WA 98272
• Listed Apr 18, 2025•527 days active · 527 cumulative
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Listing Broker: KW North Sound; Lance Otto; 425-330-1947; lanceotto@kw.com
About this home
Unlock the Potential – Prime Commercial Opportunity in the Heart of downtown Monroe, this property offers a unique opportunity to reimagine a 4,992 sq. ft. commercial building. Huge room upstairs as well as 2 separate downstairs spaces. 2 bathrooms upstairs & 2 downstairs. This property is full of untapped potential, being vacant & ready for redevelopment or renovation. With excellent Main Street visibility + steady traffic, location is ideal for retail, office, studio, or mixed-use possibilities. Whether you're an investor, developer, or business owner w/ a vision, this is your chance to transform a property w/ strong bones in a fast-growing area. Bring your ideas & unlock the future of this gem! Buyer to verify all to own satisfaction.
Listed by Lance Otto • KW North Sound
Listing updated: September 17, 2026 at 11:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2362061
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
381 E Main Street, Monroe, WA 98272
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Central Air cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDigger- Bear Creek ElementaryPublic · Grades PK-5 · 8.5 mi—
- Centennial Middle SchoolPublic · Grades 7-8 · 9.0 mi · State rank 273 of 5344/10
- Cedarcrest High SchoolPublic · Grades 9-12 · 8.4 mi · State rank 40 of 43810/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$6,307 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Market pulse
Monroe is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 68 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 17, 2026 at 11:28am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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