Plaza 12Forty-One (Status: Pending) 1650000

1241, State Ave, Marysville, WA  98270

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.

Listing Details

Asset Class: Retail,Office,Multi-Family
Year Built: 2004
Building Total Square Feet: 9145
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 26
Local Zoning Information: CB

Listing Courtesy of: Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.