Mixed Use/Corner Property , Lakewood District… — Sale in Marysville, WA

  • Price: $899K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Marysville, WA 98271
  • Size: 1,120 SF
  • Year built: 1901

Investment Figures

Cap rate
5.32%
Price per square foot
$803

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Exceptional building on a prominent corner in Marysville's high-growth Lakewood District, minutes from I-5. Explosive Population Growth: Lakewood Master Planned District of Marysville is among the fastest growing submarkets in Washington State. 1,987 new homes adding over 5,000 new residents are under construction. Strong Traffic Counts. Close to I-5 and 172nd Street NE and this location total over 50,000 VPD. Key Value Drivers: • Fully renovated in 2017, move-in-ready professional space with no deferred maintenance • Corner lot with dual street frontage and strong visibility on 172nd Street NE • Grandfathered electronic marquee sign, non-reproducible under current sign codes • Full ADA accessibility with paved, dedicated off-street parking • Established professional-office use within a flexible Mixed-Use (MU) zone • Approximately 1,900 usable square feet across two finished levels; professional measurement available • Located in one of Snohomish County's fastest-growing submarkets, where well-presented properties move quickly. Zoning allows: Professional practice (medical, dental, veterinary, legal, insurance, or real estate) seeking a signature corner location, or an investor pursuing a stabilized asset with signage and visibility in a growing market. Welcome to Marysville! Building SF: 1120 | Land Size: 0.15 Ac | Year Built: 1901 | Listing Type: FOR SALE

Market Context

This multifamily in Marysville, WA is listed for sale at $899,000 across 1,120 SF. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1901. It has been on the market for 9 days. Compare it against other multifamily listings for sale in Marysville, WA — view the full market.

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