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Property profile & analytics
OFF-MARKET
Retail space

1606 4th St Marysville, WA 98270-5042

2,431 SF 0.14 ac lot Built 1954
Individually Owned 20-yr Hold Free & Clear
Property ID
US90-3338748
Property summary
AI-generated overview

This fully occupied four-unit commercial building presents a compelling investment opportunity in the thriving city of Marysville, Washington. Located at 1606 4th Street, this prime property boasts a strong 5.9% capitalization rate, promising consistent returns for the discerning investor. The building's current tenants enjoy long-term leases, ensuring stable income and minimizing vacancy risks. Its mixed-use zoning provides flexibility for future development and adaptation to evolving market demands. The property benefits from a highly visible location on 4th Street, ensuring excellent exposure to a large volume of daily traffic. Its convenient proximity to major transportation arteries, including Interstate 5 and State Route 529, guarantees easy accessibility for both tenants and customers. This strategic location, coupled with the building's solid rental history, makes it an exceptionally attractive investment prospect. The property's current configuration offers immediate income generation, while the mixed-use zoning opens doors to a range of future possibilities. This is a rare opportunity to acquire a well-established, high-performing commercial property in a rapidly growing area. The asking price is $700,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction TYPE NOT SPECIFIED
Total area 2,431 SF
Lot 0.14 ac (6,098 SF)
Zoning code M7
APN 528700600800
UPID US90-3338748
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
Current use
Occupant on record · Public records
  • Fourth Street Chiropractic Alternative Medicine Practice
  • Fourth Street Chiropractic: Whitney Dennis DC Alternative Medicine Practice
  • Dr. Dennis Booth Alternative Medicine Practice
  • A Advanced Carpet Cleaning Carpet Cleaning Service Upholstery Cleaning Service
  • Alexander's Rug Care Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Andrew Y Wang · 20 yrs held
Andrew Y Wang
since 2005
5 recorded transactions
2005
$450,000
2004
Price N/A
2002
$225,056
1989
$133,600
1969
Price N/A
Zoning & alternative use
M7 · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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