112 State AveMarysville, WA 98270

  • Office properties
  • 1,220 SF
For Sale
$308,750 View listing

Property Details for 112 State Ave

Year built
1930
Construction
WOOD
Lot size
0.03 AC
Property size (Sq ft)
1,220 SF
Zone code
DC
Property type
Office properties
Property subtype
Office buildings
APN
551100500702
APU
551100500702

Description

This exceptional commercial property, located at 112 State Avenue in downtown Marysville, WA, presents a unique investment and business opportunity. Situated directly across from the Marysville Town Center and just minutes from I-5 and SR 529, this property boasts unparalleled visibility and accessibility. With over 25,000 vehicles passing daily, your business will benefit from consistent high traffic exposure in a rapidly developing area. The strategic location, enhanced by the future northbound off-ramp at the south end of State Avenue, ensures continued growth and prominence. This property is ideal for a variety of uses, including office, retail, or light production businesses seeking a high-traffic location. The potential rental income is estimated at $2,000+ per month, making it an attractive investment property with strong potential for return. The property is classified as General Commercial. The asking price is $278,647. Don't miss this chance to establish your business or secure a lucrative investment in a thriving market. The lot size is 0 acres.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $329,076
    6.5%
    $303,763
    7%
    $282,066
  • Comparable approach

    Method
    Valuation
    Relative Method
    $370,847
    Geo Method
    $234,948
  • Alternative Use

    Use
    Valuation
    Residential
    $376,666
    Hospitality
    $345,024
    Educational
    $287,056
    Medical
    $296,928
    Retail
    $446,531
112 State Ave, Marysville, Washington

Location Insight

City
Marysville
County
Snohomish
State
Washington
Latitude
48.0496
Longitude
-122.177
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,134
$157,500
$16,900
$174,400
-
$157,500
$16,900
$174,400

FAQs

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