1612 172nd St NE - Office/Residential FOR SALE


Marysville, WA 98271- Lakewood
$899,000 USD
425-765-3568
1612 172nd St NE, Marysville, WA for Sale
$899,000 USD
Office/Residential - FOR SALE
1/16
null | 5.32% Cap Rate

Jul '27


1612 172nd St NE
Marysville, WA 98271
Lakewood


HIGHLIGHTS

  • Exceptional building on a prominent corner in Marysville's high-growth Lakewood District, minutes from I-5.
  • Strong Traffic Counts. Close to I-5 and 172nd Street NE and this location total over 50,000 VPD.
  • Zoning allows: Professional practice (medical, dental, veterinary, legal, insurance, or real estate)

OVERVIEW

Exceptional building on a prominent corner in Marysville's high-growth Lakewood District, minutes from I-5. Explosive Population Growth: Lakewood Master Planned District of Marysville is among the fastest growing submarkets in Washington State. 1,987 new homes adding over 5,000 new residents are under construction. Strong Traffic Counts. Close to I-5 and 172nd Street NE and this location total over 50,000 VPD. Key Value Drivers: • Fully renovated in 2017, move-in-ready professional space with no deferred maintenance • Corner lot with dual street frontage and strong visibility on 172nd Street NE • Grandfathered electronic marquee sign, non-reproducible under current sign codes • Full ADA accessibility with paved, dedicated off-street parking • Established professional-office use within a flexible Mixed-Use (MU) zone • Approximately 1,900 usable square feet across two finished levels; professional measurement available • Located in one of Snohomish County's fastest-growing submarkets, where well-presented properties move quickly. Zoning allows: Professional practice (medical, dental, veterinary, legal, insurance, or real estate) seeking a signature corner location, or an investor pursuing a stabilized asset with signage and visibility in a growing market. Welcome to Marysville!

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$803 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use/Corner Property,Lakewood Marysville

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Day Care Center, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MU

APN/PARCEL ID

004521-001-001-00

ASK ABOUT THIS PROPERTY

Melissa JohnsonKW Commercial, GSWA MC1 LLCMore Info
425-765-3568

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Melissa JohnsonKW Commercial, GSWA MC1 LLCMore Info
425-765-3568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.