9527 271St StStanwood, WA 98292

Property Details for 9527 271St St

Year built

1947

Construction

WOOD

Lot size

0.30 AC

Property size (Sq ft)

1,323 SF

Zone code

UB

Property type

Office properties

Property subtype

Office buildings

APN

32032400401600

APU

32032400401600

Description

This exceptional commercial property, located at 9527 271st Street NW in downtown Stanwood, WA, presents a unique investment opportunity. The 0.3-acre lot boasts ample parking, ideal for clients, equipment, or employees, and offers 100 feet of street frontage ensuring high visibility. The building itself has recently undergone significant improvements, including fresh exterior paint and a durable metal roof. Convenient carport parking is complemented by an attached garage exceeding 300 square feet. Accessibility is ensured with full handicap compliance. The property enjoys privacy on its sides and rear. Inside, a complete remodel showcases a modern lobby, four well-appointed offices, a dedicated conference room, a functional kitchen, and a full bathroom. A flexible area is also included, complete with washer/dryer hookups. Recent upgrades encompass fresh interior paint, new carpeting, updated internet cabling, and modern electrical systems. The property is fully turnkey and zoned MB2, opening doors to a wide array of business ventures. This prime location and versatile space make it an attractive proposition for discerning investors seeking a ready-to-use commercial property in a thriving downtown setting. The asking price is $475,000.

• CAP approach

  CAP return

  Valuation

  6%

  $356,859

  6.5%

  $329,408

  7%

  $305,879

• Comparable approach

  Method

  Valuation

  Relative Method

  $402,157

  Geo Method

  $254,783

• Alternative Use

  Use

  Valuation

  Residential

  $408,466

  Hospitality

  $374,153

  Educational

  $311,291

  Medical

  $321,997

  Retail

  $484,230

Location Insight

City

Stanwood

County

Snohomish

State

Washington

Latitude

48.2424

Longitude

-122.363

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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