502 State Ave Marysville, WA 98270
- Commercial real estate
Current Use by Public Records
- Center for Independence / Disability Services And Support Organization / Social Services Organization
- Tax Street / Tax Preparation Service / Bookkeeping Service
- Marysville Travel / Travel Agency
- Eagle Country Construction Inc. / Construction Company
Property Details for 502 State Ave
- Year built
- 1992
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 502 State Avenue in Marysville, WA, presents a unique investment opportunity. Boasting a highly visible location with an estimated 25,000 cars passing daily, this building benefits from a prominent monument sign featuring an electronic reader board – a rare feature on State Avenue. Its strategic placement, just one block from the main thoroughfare leading to I-5, ensures exceptional visibility and accessibility. The upcoming construction of a northbound I-5 off-ramp at the south end of State Avenue will further enhance its prominence and attract even more traffic. The building is situated directly across from the Marysville City Hall complex and Comford Park, providing a desirable and convenient location for businesses and employees. The property is well-maintained and currently houses stable tenants with strong leases that include annual rent increases, ensuring a consistent and reliable income stream. This makes it an attractive investment for those seeking a solid return on investment in a thriving community. The property's size is not specified, but its prime location and features make it a highly sought-after commercial asset. The asking price is $1,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Snohomish
- State
- Washington
- Longitude
- -122.176
- Latitude
- 48.053
