403 Granite Ave, Granite Falls, WA 98252-8474
- Medical Office Space
- 3,104 SF
- 0.38 lot acres
Current Use by Public Records
- Granite Falls Medical Clinic / Medical Clinic
- CM SR22 Insurance Group / Financial Advisor / Insurance Agency
Property Details for 403 Granite Ave
- Year built
- 1967
- Construction
- WOOD
- Lot size
- 0.38 lot acres
- Zone code
- I0
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 794700000200
- APU
- 794700000200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| — | — | Barry Tanne | — | Deed Of Trust · related | $202k · Seafirst Bank |
| — | — | Barry Tanne | — | Deed Of Trust · related | $208k · Bank Of America |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $755,000
- 6.5%
- $700,000
- 7%
- $650,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Granite Falls
- County
- Snohomish
- State
- Washington
- Longitude
- -121.969
- Latitude
- 48.0795
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
