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6996 265th St NW - 100k Reduction 7.5% Cap Rate 4,800 SF Retail Condo Unit Offered at $1,600,000 in Stanwood, WA 98292
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.50% |
| Sale Type | Investment |
| Cap Rate | 7.50% |
Sale Notes
NEW PRICE 100K Reduction
This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable long-term tenant and a 7.5% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. 4800sft plus 1200sft additional seating space. Long-term lease in place, offering excellent stability and predictable cash flow. High-visibility commercial space in Stanwood, offering strong local foot traffic and excellent accessibility. This is a commercial condo.
Call Rachael Scott with questions
This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable long-term tenant and a 7.5% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. 4800sft plus 1200sft additional seating space. Long-term lease in place, offering excellent stability and predictable cash flow. High-visibility commercial space in Stanwood, offering strong local foot traffic and excellent accessibility. This is a commercial condo.
Call Rachael Scott with questions
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 4,800 SF | Retail | $1,600,000 ($333.33/SF) | $120,000 |
Unit 101
| Unit Size |
| 4,800 SF |
| Condo Use |
| Retail |
| Price |
| $1,600,000 ($333.33/SF) |
| NOI |
| $120,000 |
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Unit 101
| Unit Size | 4,800 SF |
| Condo Use | Retail |
| Price | $1,600,000 ($333.33/SF) |
| NOI | $120,000 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Notes | |
| NEW PRICE 100K Reduction<br> This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable long-term tenant and a 7.5% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. 4800sft plus 1200sft additional seating space. Long-term lease in place, offering excellent stability and predictable cash flow. High-visibility commercial space in Stanwood, offering strong local foot traffic and excellent accessibility. This is a commercial condo.<br> <br> Call Rachael Scott with questions</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 35,476 SF | Typical Floor Size | 35,476 SF |
| Property Type | Retail (Condo) | Year Built | 1999 |
| Property Subtype | Movie Theater | Lot Size | 3.00 AC |
| Building Class | B | Parking Ratio | 29.17/1,000 SF |
| Floors | 1 | ||
| Zoning | GC, Snohomish | ||
| Total Building Size | 35,476 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Movie Theater |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 35,476 SF |
| Year Built | 1999 |
| Lot Size | 3.00 AC |
| Parking Ratio | 29.17/1,000 SF |
| Zoning | GC, Snohomish |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
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Contact the Sale Advisor
6996 265th St NW - 100k Reduction 7.5% Cap Rate