520 5 St. Ave Sequim, WA 98382
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.