902 Maple St Arlington, WA 98223-1634
- Medical offices
- 2,930 SF
- 0.25 lot acres
Current Use by Public Records
- Medical offices
Property Details for 902 Maple St
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.25 lot acres
- Property size
- 2,930 SF
- Zone code
- 14
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 496200000100
- APU
- 496200000100
Description
This exceptional 0.46-acre commercial property at 902 E Maple Street in Arlington, WA, presents a unique investment opportunity. Priced at $900,000, this versatile building offers a wide range of potential uses, including government offices, healthcare facilities, research and development, technology companies, nursing care, specialized childcare, medical practices, dental offices, and massage therapy businesses. Its strategic location near Cascade Valley Hospital and downtown Arlington places it within a rapidly expanding business and residential area. The property boasts significant internal space, featuring ten offices, five bathrooms, an employee kitchen, and ample storage and lab areas. A key advantage is the potential for multiple occupants or tenants, each with private entrances and bathrooms. Recent renovations include new paint, flooring, lighting, and trim, enhancing the property's appeal. Abundant parking is available on-site. The sale includes an existing sign. The property is available for sale or lease. Lease terms are negotiable, with a base rent of $25 per square foot, plus NNN charges. The owner is open to considering strong offers. This property represents a compelling opportunity to acquire a well-maintained, versatile commercial building in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $955,000
- 6.5%
- $1,015,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $905,000
- Geo Method
- $985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $985,000
- Retail
- $860,000
- Mixed-Use
- $1,040,000
- Hospitality
- $1,125,000
- Educational
- $955,000
- Residential Income
- $940,000
- Energy
- $1,095,000
- Income-Based Land
- $1,170,000
- Food Service
- $870,000
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Snohomish
- State
- Washington
- Longitude
- -122.117
- Latitude
- 48.1902
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA