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Listing Provided by Windermere Real Estate JS  
$4,000,000
1050 State Ave, Marysville, WA 98270
0 Beds
0 Baths
n/a sqft

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Listing Provided by Windermere Real Estate JS  
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.
  • Price:
  • $4,000,000
  • Acreage:
  • 2.13
  • Year Built:
  • 1963
  • Listing ID #:
  • NWM1692935
  • Street Address:
  • 1050 State Ave
  • City:
  • Marysville
  • State:
  • Washington
  • Postal Code:
  • 98270
  • County:
  • Snohomish
  • Community:
  • 770 - Northwest Snohom
  • Subdivision:
  • Central Marysville
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Very Good
  • Exterior Description:
  • Cement/Concrete
  • Features:
  • Signage Included, Sprinklered
  • Flooring:
  • Vinyl, Carpet
  • Foundation:
  • Slab
  • Furnished:
  • Unfurnished
  • Number Of Units:
  • 4
  • Structure:
  • Unspecified
  • Style:
  • 61 - Comm Bldg Ovr 10k
  • Type Of Roof:
  • Torch Down
  • Year Built:
  • 1963
  • Annual Electric Expenses:
  • 4626
  • Annual Insurance Expenses:
  • 8351
  • Expenses:
  • 56106
  • Net Operating Income:
  • 242226
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 92783
  • Suitable Use:
  • Commercial, Office, Retail
  • Topography:
  • Level
  • On Market Date:
  • 2020-11-30
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Street Type:
  • Avenue
  • Subdivision:
  • Central Marysville
  • Property Taxes:
  • $30,891
  • Tax Year:
  • 2020
  • Parking Spaces:
  • 105
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Sewage Type:
  • Sewer Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Windermere Real Estate JS
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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