Bought with Bower Real Estate Services LLC
$1,640,000
$1,700,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1800 4th ST NE Marysville, WA 98270
0.42 Acres Lot
Key Details
Sold Price $1,640,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Marysville
MLS Listing ID 2015135
Sold Date 08/24/23
Style 73 - Office
Year Built 1999
Annual Tax Amount $16,931
Lot Size 0.420 Acres
Lot Dimensions 120 X 150
Property Sub-Type Commercial Industrial
Property Description
Excellent professional office building in desirable Snohomish County! The property is 100% NNN leased to long-term stable tenants. The current in-place NOI is approx. $77,312 annually, increasing to $92,400 in 2024. The 5,674 sqft bldg is solidly constructed, including a durable metal roof making it very low-maintenance. Each of the 4 professional suites has A/C for comfort during warm summer months. Great visibility, plenty of parking, & conveniently located minutes from I-5. The Marysville area is growing fast, w/ large industrial centers including Amazon's new Logistics Center and NorthPoint's Industrial Center. This is a fantastic opportunity to secure a well-built fully-occupied property in a growing market!
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Flooring Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.