17303 Smokey Point Boulevard, Arlington, WA 98223

$450,000

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Listing courtesy of Dave Nelson Real Estate.

List Price
$450,000
Status
ACTIVE
MLS#
2520947
Price Change
▼ $50,000 1783047421
Days on Market
81
Annual Tax Ammount
3998.76
Internet Provider
Comcast/Xfinity
Offer Review Date
2026-05-15

Property Description

Highly visible Smokey Point commercial property in a prime Arlington location. Situated next to McDonald's drive-thru with strong daily traffic and easy access to I-5 and major intersections. 732 sq ft building currently leased to a long-term barber shop tenant through July 2027, offering a 4% cap rate. Tenant has invested in significant interior upgrades, resulting in below-market rent and future upside. Near amazon, Walmart and directly across from CVS. Great opportunity for small business or investment hold.

Additional Information

Community
Smokey Point
Building Condition
Average
Style
60 - Comm Bldg Und 10K
Year Built
1960
# of Assigned Spaces
8
Roof
Composition
Tax Year
2026
Potential Terms
Cash, Conventional
Flooring
Laminate
Driving Directions
From I-5 take exit 206 for Smokey Point, 172nd St. Turn Left onto Smokey Point Blvd. Property is on the right, just after McDonalds driveway.
Energy Source
Electric
Net Operating Income
$19,221
Gross Adjusted Income
$24,720
Gross Scheduled Income
$24,720
Cap Rate
4
Total Expenses
$5,498
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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