10305 State Avenue, Marysville, WA 98271

$664,000

Listing courtesy of Windermere Real Estate Central. Selling Office: Coldwell Banker Danforth.

Sold Price
$664,000
List Price
$664,000
Status
SOLD
MLS#
2221382
Closing Date
Aug 19, 2024
Days on Market
36
Annual Tax Ammount
2056

Property Description

Prime Marysville retail location with 253 feet of street front footage along State Avenue. 1,920 sf 3 unit Commercial retail building, currently houses two Tenants including a remote control outdoor race track. One unit is vacant. Most of the lot is vacant with room to expand the current building or build another one next to it. Bill board on property is owned by 3rd party. income of $2,500 to $3,600 This lot can be combined with 4 other adjacent parcels for a total of 74,923 sf see MLS#s 2220466, 2221803, 2220484

Additional Information

Community
Marysville
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1968
Roof
Flat
Tax Year
2023
Potential Terms
Cash Out, Conventional
Interior Features
Concrete
Flooring
Concrete
Driving Directions
From Interstate 5, take exit 202, go east to State Ave., turn south, Parcel is on east side of State Avenue just past 103rd Place NE
Energy Source
Electric
Net Operating Income
$32,739
Gross Scheduled Income
$38,500
Cap Rate
4.9
Total Expenses
$5,761
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