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Listed by Windermere Real Estate JS
$ 3,750,000
Est. payment | /mo
2.13 Acres Lot
$ 3,750,000
Est. payment | /mo
2.13 Acres Lot
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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David Anderson
REALTOR® | Lic# 106984