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Property profile & analytics
OFF-MARKET
Commercial real estate

520 5 St. Ave Sequim, WA 98382

Built 2007
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of nine office condos located at 520 N Fifth St. Avenue, Sequim, WA. Priced at $3,500,000, this property offers a compelling return on investment due to its high-quality tenants and strong leases. The complex comprises units 520, 522, 524, 526, 530A, 536B, 542A, 542B, and 544, all situated within a professional office plaza. The location boasts a high concentration of medical and financial professionals, ensuring a stable and desirable tenant base. The property's convenient location offers easy access to downtown Sequim's shopping and dining options, providing amenities for both tenants and visitors. Furthermore, its proximity to the Olympic National Forest and Olympic Mountain Range provides a picturesque setting and recreational opportunities. Outdoor enthusiasts can easily access the Olympic Discovery Trail for cycling, or utilize the nearby John Wayne Marina for water activities. This well-maintained property represents a rare chance to acquire a thriving commercial portfolio in a desirable and growing community. The strong tenant occupancy and favorable lease terms make this an attractive investment for discerning buyers seeking a stable and appreciating asset. The property sits on a 0-acre lot. Specific square footage details are not currently available.

Property profile
Verified
Property type Commercial real estate
Year built 2007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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