For Sale
$700,000

1606 4Th StMarysville, WA 98270

High-yield, 4-unit commercial property.

Overview

Added:
Feb 3
Days on market:
58
This fully occupied four-unit commercial building presents a compelling investment opportunity in the thriving city of Marysville, Washington. Located at 1606 4th Street, this prime property boasts a strong 5.9% capitalization rate, promising consistent returns for the discerning investor. The building's current tenants enjoy long-term leases, ensuring stable income and minimizing vacancy risks. Its mixed-use zoning provides flexibility for future development and adaptation to evolving market demands. The property benefits from a highly visible location on 4th Street, ensuring excellent exposure to a large volume of daily traffic. Its convenient proximity to major transportation arteries, including Interstate 5 and State Route 529, guarantees easy accessibility for both tenants and customers. This strategic location, coupled with the building's solid rental history, makes it an exceptionally attractive investment prospect. The property's current configuration offers immediate income generation, while the mixed-use zoning opens doors to a range of future possibilities. This is a rare opportunity to acquire a well-established, high-performing commercial property in a rapidly growing area. The asking price is $700,000.

Property Details for 1606 4Th St

Property type
Year Built
1954

Location Insight

City
Marysville
County
Snohomish
State
Washington
Latitude
48.05151
Longitude
-122.1748
1606 4Th St, Marysville, Washington

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1606 4Th St
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