Fully Occupied Marysville Commercial
For Sale
$3,750,000
Pending
1050 State Ave, Marysville, WA 98270
Fully occupied commercial building in Marysville with long-term tenants.
Property SizeContact for details
Days on Market995
Property Features for 1050 State Ave
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
Windermere Real Estate JS
Listed By:
Debbie Barger Smith
(425) 356-9177
Source:
Eastsideseattleproperties
Added: Jan 3, 2024
Changed: Sep 9
Last Checked: Sep 22 at 5:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Real Estate JS
Investment Insights
Based on property information with market context.
This family-owned building is located in Marysville on State Avenue. The property is fully occupied with long-term tenants, including a gym, pawn and jewelry shop, laundromat, and coffee stand. The building features a sprinkler system and a paved parking lot with over 105 parking spaces. It is situated in a prime location, just 5 minutes from I-5, providing convenient commuting and customer access. The property is zoned Downtown Commercial and is located in fast-growing Marysville. It is suitable for investors.
Key Highlights
- PRIME Location on State Avenue in Marysville.
- High CAP Rate of 9.6%.
- Seller financing available: 25% down, 30‑year amortization, 5‑year cash out, and 5% interest.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
323k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 33%
Groceries 25%
Beauty & Spa 2%
Safeway
Groceries
41,789 visits/mo
0.4 miles
Albertsons
Groceries
38,600 visits/mo
0.5 miles
Burger King
Dining
23,050 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
20,984 visits/mo
0.4 miles
Taco Bell
Dining
20,077 visits/mo
0.3 miles
Demographics for 98270, WA
51,969
Population
19,840
Households
2.6
Avg Household Size
37
Median Age
23%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
3,634
Density / Sq Mi
$102,258
Median Household Income
$50,619
Median Earnings
$1,845
Median Rent
$540,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied commercial building in Marysville with long-term tenants.
Where is this shopping center located?
The property is located at 1050 State Ave Marysville, WA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: PRIME Location on State Avenue in Marysville.; High CAP Rate of 9.6%.; Seller financing available: 25% down, 30‑year amortization, 5‑year cash out, and 5% interest.
