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    615 Cedar Ave Marysville, WA 98270

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    For Sale
    $1,100,000

    Mixed-use property with multi-family potential in a growing area.

    Property size:
    8,261 SF

    Property Features for 615 Cedar Ave

    General Information

    Size
    8,261 SF

    Building Details

    Year built
    1978

    Source: KW COMMERCIAL GSWA MCI LLC Agent MELISSA JOHNSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Opportunity in Growing Area

    This mixed-use property presents an opportunity in a growing area. Zoned MU (Mixed Use), permitted uses include multi-family housing, shared family/senior housing, daycare, office, and civic purposes. The three-story building previously contained 10 units, and the interior has been taken down to post and beam. A buyer could either tear down the existing structure to construct a new building for an approved/permitted use or update the interior to suit their needs. On-site amenities include a garage, playground, storage shed, picnic area, and garden area. The property is surrounded by multi-family residences, single-family residences, grocery stores, and shopping malls. It is located minutes from the I-5 Freeway and within walking distance of the City of Marysville building. The property size is 8261 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -122.1810122
    Latitude
    48.0543342

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with multi-family potential in a growing area.
    Where is this mixed-use property located?
    The property is located at 615 Cedar Ave Marysville, WA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Mixed Use (MU) Zoning allows for diverse development options.; - Customize to your needs: renovate or build new.; - Convenient location near grocery stores, shopping malls, and I-5.
    Request Owner's contact information
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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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