10321 State Ave Marysville, WA 98271-7213
This exceptional commercial property, located at 10321 State Avenue in Marysville, WA, presents a unique investment opportunity. The 12,197 square foot property comprises two separate tax parcels zoned for General Commercial use. A significant asset is the recently remodeled 1,981 square foot bar/restaurant, featuring a partially covered outdoor area and secured by a three-year lease. This provides immediate and consistent rental income. The second parcel, currently utilized as a parking lot, offers significant potential for future development or expansion. Both lots are flat and level, ensuring ease of access and utilization. The property benefits from excellent street visibility on State Avenue/Smokey Point Boulevard, a recently widened thoroughfare experiencing substantial growth. High traffic volume and convenient freeway access further enhance its desirability. This location is situated within a rapidly developing area, promising strong future returns on investment. The property's combination of existing income-generating space and a vacant, developable lot makes it an attractive proposition for investors seeking both immediate returns and long-term growth potential. The flat, level lots provide ample space for various commercial uses, making this a versatile and highly sought-after location. The property is priced at $1,350,000.
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ATM Atm
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1933 bar Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
M4 · Marysville, WAMarysville. Always verify with local authorities before improvements.
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.