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1050 State Avenue

Marysville, WA 98270
  • $4,000,000
  • STATUS: Active
  • ON SITE: 417 Days
  • ID#: 1692935
$4,000,000
  • 0
    BEDS
  • 2.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing Courtesy of Windermere Real Estate Js.

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.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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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 Better Properties Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-22T00:14:30.983.

www.betterpropertiesrealestate.com/homes/112285152
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1050 State Avenue Marysville, WA 98270

  • Price: $4,000,000
  • Status: Active
  • On Site: 417 Days
  • ID#: 1692935
0
Beds
0
Baths
0
½ Baths
2.13
Acres
1963
Built
Neighborhood:
Central Marysville
County:
Snohomish
Area:
NW Snohomish Cty/Marysville/Tulaip
Property 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.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.
Exterior Features

Carport YN No Exterior Features Cement/Concrete Open Parking YN No Parking Total 105 Roof Torch Down Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

Interior Features

Building Area Total 0 Cooling YN Yes Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Heat Pump Heating YN Yes Interior Features Heat PumpWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal Yes Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 242226 Possession ClosingTenant's Rights Possible Use CommercialOfficeRetail Power Company Snohomish Co Pud/Pse Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Marysville Special Listing Conditions None Tax Annual Amount 30891 Tax Year 2020 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Marysville Water Source Public Zoning Class CommercialOfficeRetail Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Properties Real Estate and should be verified by the buyer.


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 Better Properties Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-01-22T00:14:30.983.

 
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Better Properties Real Estate
6223 Mt. Tacoma DR SW
Lakewood WA, 98499
Listing Courtesy of Windermere Real Estate Js.