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1050 State Avenue

Marysville, WA 98270
  • $4,500,000
  • STATUS: Active
  • ON SITE: 1096 Days
  • ID#: 1692935
$4,500,000
  • 0
    BEDS
  • 2.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Windermere Real Estate Js.
Mortgage Calculator is provided by BoomTown.

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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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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-02T00:15:12.66. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-12-02T00:15:12.66. 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.
www.costelloteam.com/homes/112285152
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1050 State Avenue Marysville, WA 98270

  • Price: $4,500,000
  • Status: Active
  • On Site: 1096 Days
  • ID#: 1692935
0
Beds
0
Baths
0
½ Baths
2.13
Acres
1963
Built
Neighborhood:
Central Marysville
County:
Snohomish
Area:
770 - Northwest Snohomish
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. 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.
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 No Fireplace YN No Flooring VinylCarpet Heating YN No Interior Features Heat PumpWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 1049 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 258646 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 18375 Tax Year 2022 Water Company City of Marysville Water Source Public Zoning Class CommercialOfficeRetail Zoning Jurisdiction City



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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-02T00:15:12.66. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-12-02T00:15:12.66. 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.
 
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Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Windermere Real Estate Js.
Mortgage Calculator is provided by BoomTown.