5625 48Th Dr Marysville, WA 98270

Property Details for 5625 48Th Dr

Year built

1991

Construction

TYPE NOT SPECIFIED

Lot size

1.22 lot acres

Property size

20,000 SF

Zone code

GI

Property type

Industrial properties

APN

749700000300

APU

749700000300

Description

This exceptional multi-tenant industrial property in Marysville, WA, presents a compelling owner-user opportunity. Located at 5625 48th Drive NE, this 23,270 square foot building sits on a 1.22-acre lot and offers a blend of executive office and warehouse space, ideal for a variety of businesses. The property features four units, currently housing two tenants with leases expiring in 2025, presenting a significant upside for potential rental income. Unit A (7,008 SF) and Unit D (9,686 SF) are currently vacant, providing ample space for an owner-occupier. These units boast high ceilings (18' - 22'), clear-span warehouse areas, and excellent loading capabilities with five loading docks and one dock-high door. Additional features include approximately 25 parking spaces, a fenced 7,500 square foot yard, and a 2-ton crane in Unit D. The building, constructed in 1991, is zoned General Industrial (GI) and benefits from convenient access to I-5. The asking price is $3,550,000, translating to $152.56 per square foot. The existing tenants are currently paying below market rent, offering a substantial opportunity for increased revenue upon lease renewal. This property is a rare find, combining significant space, excellent location, and strong potential for both occupancy and rental income. The property's features make it suitable for a wide range of industrial and manufacturing uses.