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7522 221st Pl SW 7522 221st Pl SW 1,124 SF Office Building Edmonds, WA 98026 $550,000 ($489.32/SF)
Investment Highlights
- Move-in ready 1,124 SF commercial building with 4 large private offices, reception area, break room with kitchenette, one restroom and utility closet
- Off-street parking for 5 cars (10 tandem), private backyard with mature landscaping and a 280 SF deck
- Take advantage of the tax benefits, stop paying rent and starting paying yourself!
- Located on a tree-lined street yet close to mass transit, Swedish Edmonds Campus and Hwy 99
- Perfect for an owner-user and a number of different uses including office and retail
Executive Summary
Incredible opportunity for a small business owner to stop paying rent and start paying themselves! This move-in ready property is perfect for a number of different uses including an insurance office, law firm, CPA, acupuncturist/massage therapist, counseling, daycare, etc. The 1,124 SF building is currently configured with four large private offices, one restroom, reception area and break room with a kitchenette. The private and peaceful backyard features mature landscaping and a huge deck. Located on a quiet tree-lined street yet close to mass transit, Swedish Edmonds Campus and Hwy 99. Prime investment opportunity!
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,124 SF
Building Class
C
Year Built/Renovated
1951/2005
Price
$550,000
Price Per SF
$489.32
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,124 SF
Building FAR
0.29
Lot Size
0.09 AC
Zoning
CG2 - City of Edmonds CG (General Commercial) and CG2 zones allow a wide variety of retail, office, service, and high-density residential uses.
Parking
5 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Signage
- Wheelchair Accessible
- Reception
- Outdoor Seating
- Fiber Optic Internet
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 270429-003-095-00 | Total Assessment | $490,900 |
| Land Assessment | $372,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $118,300 | Tax Year | 2026 |
Property Taxes
Parcel Number
270429-003-095-00
Land Assessment
$372,600
Improvements Assessment
$118,300
Total Assessment
$490,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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7522 221st Pl SW | 7522 221st Pl SW
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