11127 11031 State Avenue, Marysville, WA 98271

$2,375,000

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Listing courtesy of Real Property Associates.

List Price
$2,375,000
Status
ACTIVE
MLS#
2477294
Days on Market
423
Annual Tax Ammount
17964.58

Property Description

Two Parcels Sold Together – Prime Marysville Commercial Opportunity - One parcel includes a freestanding 19,420 SF retail/commercial building on a 0.95-acre lot, plus an adjacent 0.37-acre vacant parcel. The building is fully leased to a long-term, stable tenant and features showroom/retail space, office space, restrooms, storage, mezzanine, and one loading door. The adjacent lot offers potential for additional parking or simple storage site (buyer to verify). The location is super! Exceptional visibility and access, located near the popular Gateway Shopping Center and Seattle Premium Outlets with convenient proximity to I-5 and major arterials—ideal for long-term investment and exposure. Excellent recent improvements to State Avenue!

Additional Information

Community
Marysville
Style
61 - Comm Bldg Ovr 10K
Year Built
1959
# of Assigned Spaces
18
Roof
Metal
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Concrete, Carpet
Driving Directions
From I-5 take exit 202 for 116th St. Head east on 116th. Turn right onto State Ave.
Other Expenses
15780
Energy Source
Natural Gas
Net Operating Income
$74,609
Gross Scheduled Income
$170,220
Water/Sewer/Garbage Expenses
$2,345
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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