Rockhood
$5,700,000List price
Active

18950 State Route 2 · Monroe, WA 98272

Source: NWMLS · KW Greater Seattle · Richard C. Buchanan #NWM2505950

About this home

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

Basics

Property type
Commercial Industrial
Style
Hotel/Motel
Year built
1986
Lot size
65,776 sq ft (1.51 acres)
County
Snohomish
MLS #
NWM2505950

Interior

Heating
None
Cooling
None

Exterior & lot

Exterior features
Brick, Wood, Wood Products
Roof
Composition
Foundation
Poured Concrete
Topography
Level

Parking

Parking spaces
64

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Ground Source

Community & fees

Subdivision
Monroe
Property tax
$43,377 (2025)

Transaction

Original list price
$6,500,000 (12.3% price cut)
Listed on
Apr 15, 2026
Days on market
158
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Schools

High
Monroe High School
SchoolDigger 3 stars · Top 47% in WA

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Listing provided courtesy of: KW Greater Seattle

Listing agent: Richard C. Buchanan.

Based on information submitted to the MLS GRID as of . 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-06-30.