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538 N 5th Ave - 538 N 5th Avenue 1,182 SF Office/Medical Condo Unit Offered at $259,950 in Sequim, WA 98382
INVESTMENT HIGHLIGHTS
- Ground floor condo unit
- Surrounded by medical and professional offices
- High traffic area
EXECUTIVE SUMMARY
Medical Office building in Sequim's best business district. Surrounded by other professional and medical offices, this is in a prime location. Easy access to downtown, shopping, eateries, and on one of Sequim's busiest avenue's for optimum exposure and location.
PROPERTY FACTS
| Total Building Size | 1,182 SF | Typical Floor Size | 1,182 SF |
| Property Type | Office (Condo) | Year Built | 2007 |
| Property Subtype | Medical | Tenancy | Single |
| Building Class | B | Lot Size | 0.43 AC |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | LD - Lifestyle Distrcit | ||
| Total Building Size | 1,182 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,182 SF |
| Year Built | 2007 |
| Tenancy | Single |
| Lot Size | 0.43 AC |
| Opportunity Zone |
Yes |
| Zoning | LD - Lifestyle Distrcit |
AMENITIES
- Accent Lighting
- Central Heating
- Hardwood Floors
- Air Conditioning
- Smoke Detector
1 UNIT AVAILABLE
Unit 538
| Unit Size | 1,182 SF | Cap Rate | 7.50% |
| Price | $259,950 | NOI | $19,496.25 |
| Price Per SF | $219.92 | No. Parking Spaces | 10 |
| Condo Use | Office/Medical | APN/Parcel ID | 0330196500603010 |
| Sale Type | Investment |
| Unit Size | 1,182 SF |
| Price | $259,950 |
| Price Per SF | $219.92 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| NOI | $19,496.25 |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 0330196500603010 |
DESCRIPTION
Situated on the ground floor, in Sequim's premier medical and business office complex, this fully leased space is turn key and ready to go. Whether you are looking for an owner/user building, or an entry level investment property, this space offers it all! Well maintained, and ideally located with easy access to medical, retail, and residential neighborhoods, along one of Sequim's most popular streets, it's positioned for maximum exposure and easy access. Ample parking in the paved shared parking complex. Parking lot, landscaping, and sidewalks are all maintained by the business park's condo association, for low overhead and worry free upkeep. Proximity to other medical and professional offices offers easy networking for business growth.
SALE NOTES
Established tenant, highly sought after medical office space on ground floor.
+22 More
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10-web-or-mls-538 N 5th Ave - Sequim WA-010
11-web-or-mls-538 N 5th Ave - Sequim WA-011
12-web-or-mls-538 N 5th Ave - Sequim WA-012
13-web-or-mls-538 N 5th Ave - Sequim WA-013
14-web-or-mls-538 N 5th Ave - Sequim WA-014
15-web-or-mls-538 N 5th Ave - Sequim WA-015
16-web-or-mls-538 N 5th Ave - Sequim WA-016
17-web-or-mls-538 N 5th Ave - Sequim WA-017
18-web-or-mls-538 N 5th Ave - Sequim WA-018
19-web-or-mls-538 N 5th Ave - Sequim WA-019
20-web-or-mls-538 N 5th Ave - Sequim WA-020
21-web-or-mls-538 N 5th Ave - Sequim WA-021
22-web-or-mls-538 N 5th Ave - Sequim WA-022
23-web-or-mls-538 N 5th Ave - Sequim WA-023
24-web-or-mls-538 N 5th Ave - Sequim WA-024
25-web-or-mls-538 N 5th Ave - Sequim WA-025
26-web-or-mls-538 N 5th Ave - Sequim WA-026
27-web-or-mls-538 N 5th Ave - Sequim WA-027
28-web-or-mls-538 N 5th Ave - Sequim WA-028
29-web-or-mls-538 N 5th Ave - Sequim WA-029
Floorplan
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538 N 5th Ave - 538 N 5th Avenue
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