For Sale
$3,550,000

5625 48Th DrMarysville, WA 98270

23,270 SF, Multi-Tenant Industrial, Great Value

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional multi-tenant industrial property in Marysville, WA, presents a compelling owner-user opportunity. Located at 5625 48th Drive NE, this 23,270 square foot building sits on a 1.22-acre lot and offers a blend of executive office and warehouse space, ideal for a variety of businesses. The property features four units, currently housing two tenants with leases expiring in 2025, presenting a significant upside for potential rental income. Unit A (7,008 SF) and Unit D (9,686 SF) are currently vacant, providing ample space for an owner-occupier. These units boast high ceilings (18' - 22'), clear-span warehouse areas, and excellent loading capabilities with five loading docks and one dock-high door. Additional features include approximately 25 parking spaces, a fenced 7,500 square foot yard, and a 2-ton crane in Unit D. The building, constructed in 1991, is zoned General Industrial (GI) and benefits from convenient access to I-5. The asking price is $3,550,000, translating to $152.56 per square foot. The existing tenants are currently paying below market rent, offering a substantial opportunity for increased revenue upon lease renewal. This property is a rare find, combining significant space, excellent location, and strong potential for both occupancy and rental income. The property's features make it suitable for a wide range of industrial and manufacturing uses.

Highlights

  • Owner-user opportunity: Up to 16,694 SF available.
  • ±23,270 SF building on ±1.22 acres.
  • ±7,093 SF fenced yard.
  • Approx. 25 parking stalls.
  • Clear-span warehouse, 18'-22' clear height, heavy 3-phase power.
  • GI zoning (City of Marysville).

Property Details for 5625 48Th Dr

Property type
Warehouses, Office properties
Square Feet
23,270 SF
Year Built
1991
Stories
2
Lot Size (sq. ft)
53,143 SF
Units
4

Location Insight

City
Marysville
County
Snohomish
State
Washington
Latitude
48.0487255
Longitude
-122.1651293
5625 48Th Dr, Marysville, Washington

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5625 48Th Dr
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