Date
Details
Price
Change
Source
1/19/2026
Listed
$978,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$978,500 Just Listed
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1/20
Property Description
Excellent investment opportunity in downtown Sedro-Woolley, Wa. This well-located medical practice property offers a strong 7.3% cap rate with an established tenant base and a potential sale-leaseback opportunity. Situated on a highly visible corner lot fronting two streets, the property benefits from excellent exposure and abundant street parking for patients and clients. The building is served by city utilities, natural gas, and electric, and features a beautifully finished interior tailored for medical use. Tenants have long-standing, established clientele, providing stability and reliable income. The downtown location offers convenient access to surrounding services, retail, and amenities, further enhancing tenant appeal. This property presents an ideal opportunity for investors seeking a stable medical asset with solid returns in a growing Skagit County market.
Full Property Details
Full Property Details for 700 Murdock St
General
- Price: $978,500
- Taxes: $4,763 (2025)
- Status: Active
- Type: Office
- Source: NWMLS
- MLS ID: 2470201
- Updated: 1/20/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Carpet
Parking
- Uncovered Spaces: 15
Location
- Area: 830 - Sedro Woolley
- County: Skagit
- Subdivision: Sedro Woolley
- Driving Directions: From I-5 take exit 232 for Cook Rd. Head east into Sedro Woolley. Right at the roundabout to W Ferry St. Turn right onto Murdock St. Property will be on the right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central A/C
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Office
- Exterior Const.: Cement/Concrete
- Foundation: Slab
- Roof: Torch Down
- Ceiling Height: 8 feet
- Office: 4,903 Sq. Ft.
- Year Built: 1954
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.2135
- Lot Size (Sq. Ft.): 9,300
- Lot Dimensions: Irregular
- Topography: Level
- Zoning: Business, Commercial, Office
Financial Considerations
- Tax Amount: $4,763
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: P77472
Listed by Dave Nelson | Dave Nelson Real Estate | (425) 319-3100 and Taylor Nelson | Dave Nelson Real Estate | (425) 319-3100
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NMLS#: 1598647
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Schools
Schools serving 700 Murdock St
School District:Sedro-Woolley School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Sedro-Woolley, WA 601 Talcott Street, Sedro-Woolley, WA 98284 | K-6 | 0.4 mi |
Cascade Middle School, Sedro-Woolley, WA 905 McGarigle Road, Sedro-Woolley, WA 98284 | 7-8 | 0.7 mi |
Sedro Woolley Senior High School 1235 3rd Street, Sedro-Woolley, WA 98284 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Murdock St
Tax History
Tax History for 700 Murdock St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,763
-1%
$515,700
—
2024
$4,795
-2%
$515,700
-7%
2023
$4,886
—
$553,500
4%
2021
$4,863
—
$532,100
19%
2021
$4,863
21%
$446,100
17%
2020
$4,012
14%
$380,600
-7%
2019
$3,530
-25%
$410,800
—
2018
$4,691
1%
$410,800
—
2017
$4,626
-6%
$410,800
—
2016
$4,946
-4%
$410,800
—
2015
$5,170
3%
$410,800
—
2014
$5,014
—
$410,800
—
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 700 Murdock St
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- 4Beds
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Listed by Renee Westlund | Windermere RE Anacortes Prop.
Sold by Julie Birkle | Windermere RE Anacortes Prop.
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Listed by Brooks Friedland | eXp Realty
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Sold by Kristal Grimstead | Compass
700 Murdock Street, Sedro-Woolley, WA 98284 (MLS# 2470201) is a Office property. 700 Murdock Street is currently listed for $978,500 and was received on January 19, 2026. Want to learn more about 700 Murdock Street? Do you have questions about finding other Office real estate for sale in Sedro-Woolley? You can browse all Sedro-Woolley real estate or contact a Coldwell Banker agent to request more information.