$4,000,000
For Sale

1050 State Avenue

Marysville, WA 98270
Courtesy of Windermere Real Estate JS
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Description

This family owned building is on the market, located in central Marysville, and has long term tenants. Current Tenants include a gym, pawn and jewelry shop, laundromat, and coffee stand. This building has sprinkler system, paved parking lot with over 105 parking spaces, and is fully occupied. New Roof in 2022. This location is close to I-5 for commuting and for ease of access for tenant customers. The building is well maintained.This is your opportunity to own prime real estate in Downtown Commercial Zoning in fast growing Marysville with a CAP rate of 6% and there are 3% increases annually for every lease.
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  • Interior Details
    • Heating & Cooling
      • Heating:Heat Pump
    • Interior Features
      • Interior:Heat Pump, Wall to Wall Carpet
  • Property Details
    • Property
      • Exterior materials:Cement/Concrete
    • Measurements
      • Acres:2.13
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:61 - Comm Bldg Ovr 10K
    • Condition
      • Year built:1963
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Electricity Available, Natural Gas Connected
  • Community and Neighborhood Details
    • Location
      • County:Snohomish
    • Community
      • Subdivision:Central Marysville
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 000, 000
      • Selling Office Commission:2%
      • Annual taxes:$30, 891
      • Days on Market (Cumulative):626
  • Other
    • Source
      • MLS #:1692935

Location

Donna A WalshReal Estate Group
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