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Listed by:Windermere Real Estate JS • Debbie Barger Smith

$3,750,000

Est. payment - /mo

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2.13 Acres Lot

Pending

1050 State AVE Marysville, WA 98270

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Pending

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 2358494

Style 61 - Comm Bldg Ovr 10K

Year Built 1963

Annual Tax Amount $28,368

Lot Size 2.130 Acres

Property Sub-Type Commercial Industrial

Property Description

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.

Location

State WA

County Snohomish

Area 770 - Northwest Snohomish

Interior

Interior Features Concrete

Flooring Concrete, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete

Roof Type Built-Up,Flat,Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Owner Financing

Listing Terms Cash Out, Owner Financing

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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