This family owned building is on the market, located in central Marysville, and is fully occupied with long term tenants. Current tenants include a gym, pawn and jewelry shop, laundromat, and coffee stand. The building has a sprinkler system, paved parking lot with over 105 parking spaces, and is in a prime location! Just 5 minutes to I-5 for commuting and for ease of access for tenant customers. This is your opportunity to own prime real estate with Downtown Commercial Zoning in fast growing Marysville with a CAP rate of 9.6% and annual rent increases. Sellers will carry a contract: 25% down, 5% interest, 30 year am, 5 year cash out. Ideal for an investor with an eye towards the future.
MLS# | 2358494 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Pending Feasibility |
Year | 1963 |
Days On Site | 17 |
Listing Provided By | Windermere Real Estate JS | Debbie Barger Smith |
Zoning | Commercial,Office,Retail |
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Acreage | 2.13 |
State | WA |
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County | Snohomish |
City | Marysville |
Zip Code | 98270 |
Area | 770 Northwest Snohomish |
Community Name | Downtown |
Listing VS Median (in Downtown) | |
Price: $3,750,000 low | high Med: $749,888 On site: 17 low | high Med: 31.000000 |