3125 Colby Avenue, Everett, WA 98201
- $2,150,000
Listing courtesy of Ayers Commercial Group.
- List Price
- $2,150,000
- Status
- ACTIVE
- MLS#
- 2541867
- Days on Market
- 41
Property Description
We are pleased to present the opportunity to acquire the Colby Professional Center in Everett, Washington. Anchored by Western Washington Medical Group, the building is 56% occupied by medical tenants, including 35% occupied by dentists. The offering provides flexibility for both owner-users or investors. • An owner-user can occupy a portion of the building and offset expenses with rental income from the remaining suites. • Medical office investors will benefit from the strong tenant base and upside potential through lease-up.
Additional Information
- Community
- Everett
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1958
- # of Assigned Spaces
- 25
- Potential Terms
- Cash, Conventional
- Driving Directions
- Use GPS
- Net Operating Income
- $152,875
- Gross Scheduled Income
- $343,610
- Cap Rate
- 7.11
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