Downtown Stanwood Office with
9527 271st St NW Stanwood, WA 98292
9527 271st St NW, Stanwood, WA, 98292
$465,000
Pending
For Sale
$465,000
Pending
Turnkey office building in downtown Stanwood with ample parking.
Property Size1,225 SF
Days on Market464
Property Features for 9527 271st St NW
General Information
- Standard status
- Pending
- Size
- 1,225 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing Agency
MAGNIFY REALTY
Listed by
JOHN WESTON
Source
Corcoran
Added: Apr 11, 2025 Checked: Jul 17 at 3:39 am
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 MAGNIFY REALTY
Investment Insights
Based on property information with market context.
Located in downtown Stanwood, this property features a large, level lot with considerable parking suitable for clients, equipment, or personnel. The building has fresh exterior paint and a metal roof. Carport parking is available, along with an attached garage exceeding 300 square feet. The property offers 100 feet of street frontage and is fully handicap accessible, with privacy in the surrounding back and side areas. The interior has been remodeled and updated, including a lobby, four offices, a conference room, a kitchen, a bathroom, and a flex area with washer/dryer hookups. Newer interior paint, carpet, internet cables, and electrical have been added. The property is zoned MB2, allowing for various investment opportunities.
Key Highlights
- Prime downtown Stanwood location with HIGH VISIBILITY (100 ft street frontage).
- Zoned MB2, offering diverse investment and business opportunities.
- Large, level lot with considerable parking for clients/personnel.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $27.36 |
| − Vacancy | −$4.4k | −$3.61 |
| EGI | $29.1k | $23.75 |
| − OpEx | −$7.3k | −$5.94 |
| NOI | $21.8k | $17.81 |
1,225 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$311.7K
$272.7K – $363.7K
NOI $21,819 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.6K
$298.9K – $398.6K
NOI $23,914 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Turnkey office building in downtown Stanwood with ample parking.
Where is this office units located?
The property is located at 9527 271st St NW Stanwood, WA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Prime downtown Stanwood location with HIGH VISIBILITY (100 ft street frontage).; Zoned MB2, offering diverse investment and business opportunities.; Large, level lot with considerable parking for clients/personnel.
