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    615 Cedar Ave Marysville, WA 98270

    For Sale
    $1,240,000

    Prime Marysville location, multi-use potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 1240,000 USD commercial property at 615 Cedar Avenue, Marysville, WA presents a unique mixed-use investment opportunity. Situated in a thriving area, this property offers significant potential for a variety of uses. The existing building comprises three floors and includes an on-site garage, playground, storage shed, picnic area, and garden space. The zoning allows for a wide range of permitted uses, including multi-family residential, office space, adult family/senior housing, and daycare facilities, among others. Buyers have the flexibility to either renovate the existing structure to suit their specific needs or demolish and construct a new building according to approved plans. The property's convenient location offers easy access to I-5 Freeway, ensuring excellent connectivity. The surrounding area is a mix of single-family and multi-family residences, commercial businesses, grocery stores, and shopping centers, providing a robust and established community. The proximity to Marysville City Building facilitates streamlined permitting processes. This property is ideal for entrepreneurs and investors seeking to capitalize on the growth and potential of this dynamic location. The existing amenities and versatile zoning make this a truly exceptional opportunity to establish a thriving business or develop a profitable residential project. Don't miss this chance to bring your vision to life in this rapidly developing area.

    Property Features for 615 Cedar Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1809
    Latitude
    48.0544

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Marysville location, multi-use potential.
    Where is this commercial real estate located?
    The property is located at 615 Cedar Ave Marysville, WA.
    What is the asking price?
    The asking price for this property is $1,240,000.
    (425) 454-0911
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    Marysville, WA 98270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 Cedar Ave Marysville, WA 98270
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