315 State St, Sedro Woolley, WA 98284
- Retail space
- 4,800 SF
- 0.22 lot acres
Current Use by Public Records
- Retail space
Property Details for 315 State St
- Year built
- 1960
- Lot size
- 0.22 lot acres
- Property type
- Retail space
- APN
- 4150-032-005-0107
- APU
- 41500320050107
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 17, 2026 | $600,000 | Wcd Holding LLC | Roundabout Properties LLC | Warranty Deed | $480k · Mountain Pacific Bank |
| Dec 11, 2020 | — | Roundabout Properties LLC | — | Deed · related | $413k · Mountain Pacific Bk |
| Oct 4, 2019 | $160,000 | Roundabout Properties LLC | Wood,judith N | Warranty Deed | — |
| May 18, 2012 | $194,500 | Judith N Wood | Sandell John S | Grant Deed | $175k · John S Sandell |
| Oct 20, 2005 | — | John S Sandell | — | Trustees Deed · related | $35k · Charles W Sandell |
| — | — | Roundabout Properties LLC | — | Deed Of Trust · related | $413k · Mountain Pacific Bk |
Description
This 5,000-square-foot storefront, located at 315 E State St in Sedro-Woolley, WA 98284, presents a compelling investment opportunity. The Class C building, constructed in 1960 and extensively renovated in 2021, boasts new thermopane windows, insulation, electrical systems, HVAC, flooring, and lighting. Currently 100% occupied with a lease expiring December 31, 2024, the property offers a 6.50% cap rate and a price per square foot of $139. The asking price is $695,000. The single-story building sits on a 9,600-square-foot lot and includes 8 off-street parking spaces. Zoned for Central Business District use, the flexible space allows for diverse applications. The building's rear area is permitted for apartments, creating a live/work potential. The property is available for purchase, offering a strong return on investment. The current tenant is vacating at the end of the year, providing immediate occupancy for a new owner or lease opportunity.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Sedro Woolley
- County
- Skagit
- State
- Washington
- Longitude
- -122.237
- Latitude
- 48.503
- CBSA code
- 34580
- CBSA name
- MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA
