$1,650,000
Plaza 12Forty-One
Listing Type: For Sale
Property Type: Multi-Family, Office, Retail
Status: Pending
CBA ID#: 679889
1241 State Ave
Marysville, WA 98270

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Commercial Property

Marketing Description:

Plaza 12Forty-One is a newer, quality-built, 100% occupied, mixed-use commercial/residential investment property for sale on State Ave in Marysville, WA. It is conveniently located across State Ave from the Safeway anchored Plaza at Marysville shopping center, which helps provide high traffic counts for the commercial tenants and additional shopping conveniences for the apartment residents at the property. The superb location, attractive street appeal, quality construction, and stable long-term tenants create an ideal investment opportunity for either an experienced commercial property owner, multifamily owner, or first-time investor. Huge upside in lease rates could potentially push the yield over an 8.00% CAP at lease renewals in 2026 and 2027. See marketing package for further details.

Land Features:

  • Lot Size: 26572 SqFt
  • Lot Acreage: 0.61 Acres
  • Zoning: CB
  • Total Parking: 26
  • Uncovered Parking: 26

Building Features:

  • Building Size: 9145 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Construction: Wood
  • Year Built: 2004
This Listing Supplied Courtesy of Paragon Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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