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7825 47th Ave NE, Marysville, WA, 98270
Marysville Health Center Investment Property

7825 47th Ave NE Marysville, WA 98270

For Sale
$1,750,000
Pending

Fully leased medical/dental building in Marysville, Washington.

Property Size6,065 SF
Days on Market421

Property Features for 7825 47th Ave NE

General Information

Standard status Pending
Size 6,065 SF
Property subtype Commercial

Building Details

Year Built 1976
Listing Agency: COMPASS WASHINGTON
Listed By: BEN KAUFMAN
Source: Corcoran
Added: Jun 3, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:15AM

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 COMPASS WASHINGTON

Investment Insights

Based on property information with market context.

The Marysville Health Center is a 6,065-square-foot medical/dental building. The property is 100% leased and features a tenant mix that includes two established dental practices and a personal fitness business. The facility features a shared lobby. The building is located near downtown Marysville, the Tulalip Resort Casino, and the Seattle Premium Outlets, offering visibility and accessibility. Architectural features include high ceilings and exposed wood beams. The landscaping is attractive. There are 44 dedicated parking spaces.

Key Highlights

  • 100% leased medical/dental building providing immediate income.
  • Strong tenant mix with established dental practices and a fitness business.
  • Strategically located near downtown Marysville, Tulalip Resort Casino, and Seattle Premium Outlets.

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 $165.9k $27.36
− Vacancy −$21.9k −$3.61
EGI $144.0k $23.75
− OpEx −$36.0k −$5.94
NOI $108.0k $17.81
6,065 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,026 @ 7.0% cap · market cap 6.17%
Second Best
Healthcare Medical
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,800 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,400 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Jeffrey L Erwin ... Dental Office Hixsondental Dental Office Dr. Erhardt Dental Office Marysville Dental Center Dental Office Conn Patricia V ... Dental Office

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Gym & Fitness Center Tech Support Center

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • Cascade Veterinary Center, PS — 921 State Ave, Marysville, WA 98270
  • Burlingame William DVM — 1263 state ave, marysville, wa 98270
  • Hoffman Arthur N DVM — 921 State Ave, Marysville, WA 98270
  • Thompsen Stacy DVM — 1263 State Ave, Marysville, WA 98270

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased medical/dental building in Marysville, Washington.
Where is this medical office space located?
The property is located at 7825 47th Ave NE Marysville, WA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 100% leased medical/dental building providing immediate income.; Strong tenant mix with established dental practices and a fitness business.; Strategically located near downtown Marysville, Tulalip Resort Casino, and Seattle Premium Outlets.
More about this property
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