1050 State Avenue · Marysville, WA 98270
Source: NWMLS · Windermere Real Estate JS · Debbie Barger Smith #NWM2358494
About this home
This family owned building is on the market, located in central Marysville, and is fully occupied with long term tenants. Current tenants include a gym, pawn and jewelry shop, laundromat, and coffee stand. The building has a sprinkler system, paved parking lot with over 105 parking spaces, and is in a prime location! Just 5 minutes to I-5 for commuting and for ease of access for tenant customers. This is your opportunity to own prime real estate with Downtown Commercial Zoning in fast growing Marysville with a CAP rate of 9.6% and annual rent increases. Sellers will carry a contract: 25% down, 5% interest, 30 year am, 5 year cash out. Ideal for an investor with an eye towards the future.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Ovr 10K
- Condition
- Very Good
- Year built
- 1963
- Lot size
- 92,783 sq ft (2.13 acres)
- County
- Snohomish
- MLS #
- NWM2358494
Interior
- Heating
- Forced Air, Heat Pump
- Cooling
- Heat Pump
- Flooring
- Concrete, Vinyl, Carpet
- Interior features
- Concrete
Exterior & lot
- Exterior features
- Cement/Concrete
- Roof
- Built-Up, Flat, Torch Down
- Foundation
- Slab
- Topography
- Level
Parking
- Parking spaces
- 105
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Downtown
- Property tax
- $28,368 (2025)
Transaction
- Listed on
- Apr 10, 2025
- Days on market
- 44
- Listing terms
- Cash Out, Owner Financing
- Possession
- Closing, Subject to Tenant Rights
More homes nearby
Schools
- High
- Marysville Getchell High SchoolSchoolDigger 2 stars · Top 61% in WA
Listing provided courtesy of: Windermere Real Estate JS
Listing agent: Debbie Barger Smith.
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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2025-06-02.