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    FOR SALE
    Retirement homes

    615 Cedar Ave, Marysville, WA 98270

    6,450 SF Built 1978
    Property ID
    US90-0723944
    No photos on file
    For Sale
    $1,100,000 6,450 SF
    615 Cedar Ave, Marysville, WA 98270
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    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 615 Cedar Ave in Marysville, WA 98270, presents a unique investment opportunity. The property boasts a total of 6,450 square feet across two buildings, each three stories high, situated on a spacious 20,038 square foot lot (APN: 00585500500403). Built in 1978, the Class B property is currently zoned MU - Mixed Use, allowing for a wide range of permitted uses including multi-family residential, senior housing, daycare, and office space. The asking price is $1,240,000, translating to $192.25 per square foot. The property features on-site amenities such as a garage, playground, storage shed, picnic area, and garden space. Its convenient location offers proximity to I-5 Freeway, grocery stores, shopping centers, and other amenities. The City of Marysville building is within walking distance, providing easy access to assistance with permitting and related inquiries. This property offers the potential for redevelopment or renovation to suit a variety of business or residential needs, making it an ideal investment in a thriving area. Buyers have the option to either renovate the existing structures or demolish them to construct a new building aligned with permitted uses. This versatile property is ready for a visionary owner to capitalize on its significant potential.

    Property profile
    Verified
    Property type Retirement homes
    Year built 1978
    Total area 6,450 SF
    APN 00585500500403
    UPID US90-0723944
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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