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    FOR SALE
    Medical Office Space

    902 E Maple St, Arlington, WA 98223

    2,930 SF 0.25 ac lot Built 1959
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US90-3263454
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1959
    Construction WOOD
    Total area 2,930 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code 14
    APN 496200000100
    UPID US90-3263454
    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
    AI Approach AI
    $1.04M
    CAP Approach CAP
    $660k
    Comparable Approach Comparable
    $1.14M
    Blend (final) Blend
    $1.02M
    Owner & transaction history
    Valueplus Consulting LLC · 2 yrs held
    Valueplus Consulting LLC
    since 2023
    Last sale
    $992,000
    5 recorded transactions
    2023
    $992,000
    2003
    $542,000
    1993
    $170,000
    1969
    1969
    Zoning & alternative use
    14 · Arlington, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.3M +11.1%
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    More about this property
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