403 Granite Ave Granite Falls, WA 98252-8474
This single-tenant, 3,104-square-foot medical office building is situated in Granite Falls' vibrant Downtown Business District. The property features two office suites, a shared waiting room, and ample parking both on-site and on the street. Built in 1967 and boasting a new roof (2021), this Class C building sits on a 0.38-acre lot encompassing two tax parcels (APN: 00794700000200, 00794700000100) in Snohomish County. The space is zoned CBD and offers excellent potential for various medical uses, including therapy practices. The building includes approximately 2,000 square feet in one suite and 1,104 square feet in the other, including the reception area. Features include six treatment rooms, two reception areas, two offices, 3.5 bathrooms, two lab rooms, an x-ray room, and multiple storage rooms. The suites have separate furnaces, and one suite is equipped with air conditioning. Further inquiries regarding the second lot should be directed to the City of Granite Falls. This is an exceptional opportunity in a rapidly growing area. The entire 3,104 square feet is currently vacant.
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Granite Falls Medical Clinic Medical Clinic
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CM SR22 Insurance Group Financial Advisor Insurance Agency
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
Property description
Physical attributes from public recordsZoning & alternative use
I0 · Granite Falls, WACosts & 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.