303 W 1st Street, Aberdeen, WA 98520

$389,900

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Listing courtesy of Windermere RE/Aberdeen.

List Price
$389,900
Status
ACTIVE
MLS#
2538217
Days on Market
47
Annual Tax Ammount
3181
Internet Provider
Xfinity

Property Description

Exceptional opportunity to acquire a professionally designed healthcare facility in downtown Aberdeen. This ±1,920 SF medical office building offers a functional turnkey layout including a welcoming waiting area, reception area, multiple treatment rooms, private offices and break room/storage area. The property is ADA compliant and includes ample on-site parking with excellent visibility and signage exposure. Constructed in 2004 and renovated in 2014, the building has been well maintained and features heat pump HVAC, security monitoring, and quality interior finishes throughout. The flexible floor plan accommodates a variety of healthcare and professional office users, including audiology, dental, primary care, physical therapy, counseling, and wellness services. The property is currently leased through 02/18/2028. All offers shall be subject to the existing lease and tenant’s rights under the lease agreement. Ideal for investors seeking stable healthcare real estate or owner-users planning for future occupancy while benefiting from secured in-place income.

Additional Information

Community
Downtown
Building Condition
Good
Style
73 - Office
Year Built
2004
# of Assigned Spaces
8
Roof
Composition
Tax Year
2026
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, See Remarks, Carpet
Driving Directions
US-12 W toward Aberdeen. Slight Right onto Fuller Way. At the traffic circle, continue straight onto N F St. Turn left onto E 1st St. Turn left onto N L St. Destination will be on the right.
Energy Source
Electric
Net Operating Income
$26,870
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Cap Rate
6.9
Total Expenses
$6,730
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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