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    1050 State Avenue

    Marysville, WA 98270
    • $4,000,000
    • STATUS: Active
    • ON SITE: 201 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 Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T00:14:07.18.

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

    • Price: $4,000,000
    • Status: Active
    • 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 Foundation Details Slab Open Parking YN No Parking Total 105 Parking Uncovered Total 105 Roof Torch Down Site Frontage 218 Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

    Interior Features

    Cooling YN Yes Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Heat Pump Heating YN Yes

    Property Features

    Building Features Signage IncludedSprinklered Electric Expense 4626 Electric On Property YN No Expansion Area True First Right Of Refusal True Gross Adjusted Income 298332 Gross Scheduled Income 298332 Insurance Expense 8351 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 242226 Possible Use CommercialOfficeRetail Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 30891 Tax Year 2020 Total Expenses 56106 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Source Public Zoning Class CommercialOfficeRetail Zoning Jurisdiction City

    Listing information © 2021 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 Simmi Real Estate | Keller Williams Eastside 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 Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T00:14:07.18.

     
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    Simmi Real Estate | Keller Williams Eastside
    2616 241st Ave SE
    Sammamish WA, 98075
    Listing Courtesy of Windermere Real Estate Js.