Medical Office Condominium with Vacant
For Sale
Contact for pricing
903 Medical Center Dr, Arlington, WA 98223
Medical condo with an accredited surgery center and an adjacent vacant lot, offered as a tenant-paying investment.
Property Size4,621 SF
Lot Size0.94 Acres
Days on Market143
Property Features for 903 Medical Center Dr
General Information
Standard status
Active
Size
4,621 SF
Lot size
0.94 Acres
Property subtype
Office
Listing Agency:
Windermere Real Estate Stanwood
Listed By:
Blake Arnold · License #WA 87348
Source:
Crexi
Added: Apr 12
Changed: Aug 17
Last Checked: Aug 14 at 8:03AM
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 Stanwood
Investment Insights
Based on property information with market context.
This for-sale medical property includes a medical office condominium with an Accredited Surgery Center (ASC) and associated office space. The configuration is set up for healthcare use, and the current tenant has a long-term lease in place. The tenant pays all expenses, providing an income-producing structure tied to the leased medical condo.
The property is located next to Cascade Valley Hospital in Arlington, WA, offering convenient proximity to an active healthcare campus. The sale also includes a sizable vacant lot described as having potential for growth and development uses.
The vacant land is not fee simple, with 20 years remaining in the term. Owner terms are available for review, and buyer diligence is recommended to confirm the land tenure details and development potential under the remaining term.
The property is located next to Cascade Valley Hospital in Arlington, WA, offering convenient proximity to an active healthcare campus. The sale also includes a sizable vacant lot described as having potential for growth and development uses.
The vacant land is not fee simple, with 20 years remaining in the term. Owner terms are available for review, and buyer diligence is recommended to confirm the land tenure details and development potential under the remaining term.
Key Highlights
- Medical condo investment next to Cascade Valley Hospital in Arlington
- Includes 4,621 SF of office space plus an Accredited Surgery Center (ASC)
- Tenant has a long‑term lease in place and pays all expenses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 98223, WA
45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical center - Medical condo with an accredited surgery center and an adjacent vacant lot, offered as a tenant-paying investment.
Where is this medical center located?
The property is located at 903 Medical Center Dr Arlington, WA.
What are key features of this property?
This property features: Medical condo investment next to Cascade Valley Hospital in Arlington; Includes 4,621 SF of office space plus an Accredited Surgery Center (ASC); Tenant has a long‑term lease in place and pays all expenses
