Listing Provided Courtesy Of:
The Preview Group and NWMLS
1062 State Avenue Marysville, WA
$ 869,000
Property Attributes
  • ID#1619099
  • TypePending
  • CityMarysville
  • AreaNorthwest Snohom
  • NeighborhoodDowntown
  • Zip98270
  • StyleComm Bldg Und 10K
  • Year Built1960
  • Taxes$ 8971
  • Price$ 869,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
The Preview Group and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Wonderful investment opportunity with 7% Cap Rate for offsite investor, or owner occupied in the large 3900 sq ft main building, which is currently vacant. Recent building upgrades, with off street parking. There are 4 income producers here, with one large retail space, 2 smaller retail spaces, and a billboard.

Price History
7/11/2020 Listed $869,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Marysville
County Snohomish
Directions From I 5 exit onto 4th Street, east to State Avenue, North 6 blocks to property
Exterior Features Cement/Concrete
Insurance Expense 3000
MLS Area 770 - Northwest Snohom
Net Operating Income 64825
Possession Tenant's Rights
Possible Use Commercial, Retail
Property Style 60 - Comm Bldg Und 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Flat
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name State
Structure Type Unspecified
Subdivision Name Downtown
Tax Annual Amount 8971
Tax Year 2020
Terms Cash Out, Conventional
Topography Level
Total Actual Rent 6483
Total Units 4
Utilities Sewer Connected, Electricity Available, Natural Gas Connected
Water Sewer Garbage 1000
Year Built 1960
Zoning Class Commercial, Retail

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Living Area Units Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Avenue

Exterior Features

Accessory Dwelling Unit DetachedDwelling
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.36
Lot Size Square Feet 15682
Lot Size Units Square Feet
Open Parking Y/N No
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98270

AVG $650K
AVG $4,214
AVG 41
Year Built
AVG 1999

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