- Listing #:
- 2149415
- Price:
- $1,197,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Und 10K
- # of Acres:
- 0.36
- Year Built:
- 1960
- Comm/Assn:
- Downtown
- City:
- Marysville
- County:
- Snohomish
- State:
- WA
- Zip:
- 98270
- Right of 1st Refusal:
- No
QR Code
Description
Wonderful investment opportunity with 6% Cap Rate for offsite investor, or owner occupied in the large 3900 sq ft main building, which is now vacant. Many recent building upgrades to the main building, including new roof, new electrical, new plumbing, new mechanical, and remodeled interior. The property has off street parking. There are 4 income producers here, with one large retail space, 2 smaller retail spaces (both currently rented by pet groomer), and billboard.
Property Features
- Cap Rate:
- - 6
- Exterior Features:
- - Cement/Concrete
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $81,300.00
- Insurance Expense:
- - $3,000.00
- Net Operating Income:
- - $71,525.00
- Accessory Dwelling Unit:
- - DetachedDwelling
- Approx. Building Sq.Ft.:
- - 5,497.00
- Detached Dwelling SqFt Finished:
- - 1,577.00
- Free And Clear:
- - false
- Gross Adjusted Income:
- - 81300
- Gross Rent Multiplier:
- - 14
- Improvements Assessed Value:
- - 562500
- Land Assessed Value:
- - 372000
- Style Code:
- - 60 - Comm Bldg Und 10K
- Total Assessed Value:
- - 934500
- Total Expenses:
- - 9775
- Total Sq. Ft. Rented:
- - 5497
- Water Sewer Garbage:
- - 1200
- Zoning Class:
- - Commercial
- - Retail
- Zoning Jurisdiction:
- - City
- Parcel Number:
- - 30052800219100
- Possible Use:
- - Commercial
- - Retail
- Property Condition:
- - Good
- :
- - Level
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $5,575.00
- Tax Year:
- - 2023
- Total Actual Rent:
- - 6775
- Water Source:
- - Public