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504 Holly Dr
3,582 SF Office/Medical Condo Unit Offered at $1,395,000 in Edmonds, WA 98020
Property Facts
| Price | $1,395,000 | Building Class | C |
| Unit Size | 3,582 SF | Floors | 3 |
| No. Units | 1 | Typical Floor Size | 1,194 SF |
| Total Building Size | 3,582 SF | Year Built | 1995 |
| Property Type | Office (Condo) | Lot Size | 0.44 AC |
| Sale Type | Investment | Parking Ratio | 1.68/1,000 SF |
| Price | $1,395,000 |
| Unit Size | 3,582 SF |
| No. Units | 1 |
| Total Building Size | 3,582 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 1,194 SF |
| Year Built | 1995 |
| Lot Size | 0.44 AC |
| Parking Ratio | 1.68/1,000 SF |
1 Unit Available
Unit 100
| Unit Size | 3,582 SF | Sale Type | Investment |
| Price | $1,395,000 | Cap Rate | 6.35% |
| Price Per SF | $389.45 | NOI | $88,559 |
| Condo Use | Office/Medical | APN/Parcel ID | 008439-000-100-00 |
| Unit Size | 3,582 SF |
| Price | $1,395,000 |
| Price Per SF | $389.45 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| NOI | $88,559 |
| APN/Parcel ID | 008439-000-100-00 |
Description
Prime 2-unit commercial space in the heart of Edmonds Bowl offering unbeatable visibility in the downtown core. Spanning 1,794 & 1,788 square feet, both units are 100% leased, ensuring steady income. Updates will keep it low maintenance & include Hardie plank siding, roof, gutters, windows & fresh exterior paint. Ample parking w/ private rear parking lot + st parking. Versatile layout accommodates various business ventures. Welcoming reception areas w/ granite counters, built-in workspaces, large conference rmm, & private offices. Surrounded by shops, restaurants, & thriving businesses, these walkable units are positioned to attract tenant & client traffic. Mo. rent income $7,379 + NNN $1,886. Secure a valuable investment portfolio addition
Sale Notes
Please use Katie Brazel at Chicago Title & Escrow. Rents $7,379 monthly. NNN $1886.00 (HOA, insurance, taxes and utilities). Owner pays nothing. Long term tenants. Cap rate 6.346. Legal Address is - 504 Holly Dr #100.
+16 More
Interior Photo
RE Office
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Medical Office
Medical Office
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Medical Office
Medical Office
Medical Office
Medical Office
Medical Office
Amenities
- Bus Line
- Signage
- Central Heating
- Drop Ceiling
- Air Conditioning
- Balcony
zoning
| Zoning Code | BC, Edmonds |
| BC, Edmonds |
Presented by
504 Holly Dr
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