1241 State Ave | Marysville, WA 98270
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- LoopNet Team
1241 State Ave
Marysville, WA 98270
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Ideally suited area for both commercial and residential tenants
- Below market rents with achievable near-term upside
- Meticulously maintained property
- 100% occupied with long term commercial tenants
- 5.75% CAP Current - 8.03% CAP Market
- 4 commercial suites, 2 apartment homes and 1 light manufacturing space
PROPERTY FACTS
Property Type
Building Size
9,145 SF
Building Class
C
Year Built
2004
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.61 AC
Zoning
CB
Parking
23 Spaces (2.52 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 300528-002-019-00 | Improvements Assessment | $1,293,800 |
| Land Assessment | $708,400 | Total Assessment | $2,002,200 |
PROPERTY TAXES
Parcel Number
300528-002-019-00
Land Assessment
$708,400
Improvements Assessment
$1,293,800
Total Assessment
$2,002,200
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