For Sale
$700,000

1606 4Th StMarysville, WA 98270

Prime Marysville 4-unit office building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a fully occupied, four-unit commercial building situated in the heart of Marysville, Washington. Boasting a substantial 2,431 square feet of net rentable space, this single-story building, constructed in 1954, sits on a 6,098 square foot lot and offers six parking spaces. The property features a strong 5.92% capitalization rate, generating a net operating income (NOI) of $41,452. The building's address is 1606 Fourth St, Marysville, WA 98270, with the APN 00528700600800. Its mixed-use zoning provides flexibility for future development. Benefitting from its location in a high-traffic area with excellent street visibility, this property enjoys convenient access to major transportation arteries, including I-5 and SR529, ensuring high visibility and accessibility. The building's stable, long-term tenants contribute to a consistent rental history, making this a compelling investment prospect with significant potential for continued returns. This is a rare opportunity to acquire a well-established commercial property in a thriving Marysville location. The asking price for this exceptional investment is $700,000.

Highlights

  • Fully occupied, four-unit commercial building in Marysville, WA.
  • 2,431 square feet of net rentable space on a 6,098 square foot lot with six parking spaces.
  • Strong 5.92% capitalization rate and $41,452 net operating income (NOI).
  • Located at 1606 Fourth St, Marysville, WA 98270 (APN 00528700600800), with mixed-use zoning.
  • High-traffic location with excellent street visibility and convenient access to I-5 and SR529.
  • Stable, long-term tenants and consistent rental history.

Property Details for 1606 4Th St

Property type
Office properties, Mixed-use properties
Square Feet
2,431 SF
Year Built
1954
Buildings
1
Stories
1
Units
4

Location Insight

City
Marysville
County
Snohomish
State
Washington
Latitude
48.051826228007
Longitude
-122.17492280316
1606 4Th St, Marysville, Washington

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1606 4Th St
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