1048-1052 State Ave, Marysville, WA 98270
27,546 SF | 100% Leased | Retail Building | Marysville, WA 98270 | $3,750,000 ($136/SF) | 8.61% Cap Rate
For Sale
Active
Asking Price $3,750,000
- Property Type
-
Retail
- Square Feet
- 27,546 SF
- Price / Square Foot
- $136
Listing Contacts
Debbie Barger Smith
Property Overview
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 7.17% and built in 3% increases annually for every lease.
Property Details
- Class
- B
- Year Built
- 1963
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 92,783 SF
Highlights
- Prime real estate in Downtown Commercial Zoning in fast growing Marysville - close to I-5 for commuting and for ease of access
- Building fully occupied with CAP rate of 7.17% and built in 3% increases annually for every lease
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