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1050 State Avenue, Marysville, WA 98270
$3,750,000
1050 State Avenue, Marysville, WA 98270View this property at 1050 State Avenue, Marysville, WA 98270
1050 State AvenueMarysvilleWA98270
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Property Description
This family owned building is on the market, located in central Marysville, and has long term tenants. Current Tenants include a gym, pawn and jewelry shop, laundromat, and coffee stand. This building has sprinkler system, paved parking lot with over 105 parking spaces, and is fully occupied. New Roof in 2022. This location is close to I-5 for commuting and for ease of access for tenant customers. The building is well maintained. This is your opportunity to own prime real estate in Downtown Commercial Zoning in fast growing Marysville with a CAP rate of 8.6%.
Full Property Details
Full Property Details for 1050 State Ave
General
- Price: $3,750,000
- Taxes: $18,375 (2022)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 1692935
- Updated: 5/14/2024
- Added to Site: 1, 284 day(s) ago
Rental Information
- Complex Features: Signage Included, Sprinklered
Interior
- Interior Features: Heat Pump, Wall to Wall Carpet
- Flooring: Vinyl, Carpet
Parking
- Uncovered Spaces: 105
Location
- Area: 770 - Northwest Snohomish
- County: Snohomish
- Subdivision: Central Marysville
- Driving Directions: Take Exit 199 on I-5, head west, north on State Avenue, Building on East side of Road.
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Cement/Concrete
- Foundation: Slab
- Roof: Torch Down
- Year Built: 1963
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 2.13
- Lot Size (Sq. Ft.): 92,783
- Lot Size Source: Public Tax Records
- Lot Depth: 366
- Topography: Level
- Zoning: Commercial, Office, Retail
Financial Considerations
- Tax Amount: $18,375
- Tax Year: 2022
- Terms: Cash Out, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: None
- Surveyed: false
- Property ID: 30052800216700
Listed by Debbie Barger Smith | Windermere Real Estate JS | (360) 653-2509
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Schools
Schools serving 1050 State Ave
School District:Marysville School District
Rating | Name | Grades | Distance |
---|---|---|---|
1919 10th St, Marysville, WA 98270 | K-5 | 0.3 mi | |
Eceap
4220 80th St Ne, Marysville, WA 98270 | PK-5 | 0.6 mi | |
8600 52nd Ave Ne, Marysville, WA 98270 | PK-5 | 1.2 mi | |
4923 67th St Ne, Marysville, WA 98270 | 6-8 | 0.3 mi | |
4923 67th St Ne, Marysville, WA 98270 | 6-8 | 0.5 mi | |
6400 88th St Ne, Marysville, WA 98270 | 6-8 | 1.8 mi | |
7204 27th Ave Ne, Marysville, WA 98271 | 9-12 | 0.5 mi | |
Marysville On-Line Move Up Program
4220 80th St Ne, Marysville, WA 98270 | 9-12 | 0.6 mi | |
7204 27th Ave Ne, Marysville, WA 98271 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 State Ave
Date
Details
Price
Change
Source
5/07/2024
Price Reduced
$3,750,000
-16.67%
MLS
7/28/2023
Price Increased
$4,500,000
12.5%
MLS
11/30/2020
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1050 State Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,375
-40%
$3,079,900
10%
2021
$30,801
9%
$2,798,300
—
2022
$28,271
-8%
$2,798,300
—
2021
$30,801
—
$2,797,000
—
2020
$30,891
22%
$2,797,000
1%
2019
$25,405
-10%
$2,779,800
14%
2018
$28,196
5%
$2,438,400
3%
2017
$26,837
-1%
$2,373,000
3%
2016
$27,128
-7%
$2,304,000
—
2015
$29,096
4%
$2,304,000
3%
2014
$27,949
—
$2,237,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 State Ave
1050 State Avenue, Marysville, WA 98270 (MLS# 1692935) is a Industrial property. 1050 State Avenue is currently listed for $3,750,000 and was received on November 30, 2020. Want to learn more about 1050 State Avenue? Do you have questions about finding other Industrial real estate for sale in Marysville? You can browse all Marysville real estate or contact a Coldwell Banker agent to request more information.