Downtown Stanwood Office with
For Sale
$465,000
Pending
9527 271st St NW, Stanwood, WA 98292
Turnkey office building in downtown Stanwood with ample parking.
Property Size1,225 SF
Days on Market556
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
Changed: Oct 4
Last Checked: Oct 16 at 8:45AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,819
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,380
$436.4K
Cap Rate 7%
$311,700
$311.7K
Cap Rate 9%
$242,433
$242.4K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$33.5K $27.36/SF
− Vacancy
−$4.4K −$3.61/SF
EGI
$29.1K $23.75/SF
− OpEx
−$7.3K −$5.94/SF
NOI
$21.8K $17.81/SF
Area
Snohomish County, WA
Vacancy
13.20%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,380
Cap Rate 7%
$311,700
Cap Rate 9%
$242,433
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Explore this area
Business Placement
Demographics for 98292, WA
24,098
Population
10,110
Households
2.4
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
76.8 sq mi
ZIP Area
314
Density / Sq Mi
$101,161
Median Household Income
$58,585
Median Earnings
$1,691
Median Rent
$610,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
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.
