1050 State Avenue Marysville, WA $ 3,750,000
1050 State Avenue
$ 3,750,000
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1050 State Avenue

Marysville, WA, 98270
$ 3,750,000
Baths0.0

Monthly Estimate*

$ 24,924

Listed by Windermere Real Estate JS
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Studio

Commercial Property for sale in Marysville, WA

for $3,750,000. This building was built in 1963 on a lot size of 2.13.

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. New Roof in 2022. 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 8.6%.

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Commercial Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,375

Style

Comm Bldg Ovr 10K

Lot Size

2.13

Year Built

1963

Town/City

Marysville

County/Region

Snohomish

MLS | Web ID

1692935

Features
General
Interior Features Heat Pump Wall to Wall Carpet
Sewer Sewer Connected
Possession Closing Tenant's Rights
Roof Torch Down
Exterior Features Cement/Concrete
Year Built 1963
Topography Level
Property SubType Commercial Industrial
Tax Year 2022
County Snohomish
Net Operating Income 322912
Insurance Expense 12234
Property Type Commercial Sale
Subdivision Name Central Marysville
Possible Use Commercial Office Retail
Building Features Signage Included Sprinklered
Special Listing Conditions None
Status Active
Directions Take Exit 199 on I-5 head west north on State Avenue Building on East side of Road.
City Marysville
Buyer Agent Compensation 2%
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area 770 - Northwest Snohomish
Lot Size Units Square Feet
Lot Size Square Feet 92783
Carport Y/N N
Street Name State
Listing Terms Cash Out Conventional
Tax Annual Amount 18375
Electric Expense 2686
Property Condition Very Good
Public Remarks 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
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City of Marysville
Total Actual Rent 27309
Zoning Class Commercial Office Retail
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 8.6
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 105
Foundation Details Slab
Building Area Total 0
Lot Size Acres 2.13
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 218
Parking Uncovered Total 105
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Internal Only
OriginalMLSID NWM1692935
Street Number 1 1050
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* Excluded Features
List By
Debbie Barger Smith

Listing Agent

Windermere Real Estate Js

Broker

Affordability Calculator

$26,455
Per Month
94%
6%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$1,531
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$3,750,000 -16.67% Price Down
12/1/2023$4,500,000 Listed Price

Map


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1050 State Avenue, Marysville, WA, 98270 is a Commercial Property for sale at $3,750,000 with a lot size of 2.13. 1050 State Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 98270 which is in Marysville, WA