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Listed by Dave Nelson Real Estate Dave Nelson
$ 978,500
Est. payment /mo
New
700 Murdock ST Sedro Woolley, WA 98284
9,300 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Sedro Woolley
MLS Listing ID 2470201
Style 73 - Office
Year Built 1954
Annual Tax Amount $4,763
Lot Size 9,300 Sqft
Lot Dimensions Irregular
Property Sub-Type Commercial Industrial
Property Description
Excellent investment opportunity in downtown Sedro-Woolley, Wa. This well-located medical practice property offers a strong 7.3% cap rate with an established tenant base and a potential sale-leaseback opportunity. Situated on a highly visible corner lot fronting two streets, the property benefits from excellent exposure and abundant street parking for patients and clients. The building is served by city utilities, natural gas, and electric, and features a beautifully finished interior tailored for medical use. Tenants have long-standing, established clientele, providing stability and reliable income. The downtown location offers convenient access to surrounding services, retail, and amenities, further enhancing tenant appeal. This property presents an ideal opportunity for investors seeking a stable medical asset with solid returns in a growing Skagit County market.
Location
State WA
County Skagit
Area 830 - Sedro Woolley
Interior
Flooring Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.