6996 265th St NW Unit #101, Stanwood, WA 98292

$1,600,000

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Listing courtesy of Ballpark Realty.

List Price
$1,600,000
Status
ACTIVE
MLS#
2467606
Price Change
▼ $100,000 1782263244
Days on Market
194

Property Description

This is a prime opportunity to acquire a stabilized commercial asset in the heart of Stanwood. Featuring a reliable long-term tenant and a 7.5% cap rate, this property is ideal for an investor seeking a passive, "turn-key" addition to their portfolio. Long-term lease in place, offering excellent stability and predictable cash flow. High-visibility commercial space in Stanwood, offering strong local foot traffic and excellent accessibility.

Additional Information

Community
Stanwood
Style
75 - Retail
HOA Dues
$1,500
Potential Terms
Conventional
Driving Directions
From I-5 Take Exit 212 towards WA-532 W Head West on WA-532 Turn Right onto 272nd St NW Turn Left onto 265th St NW: The restaurant will be on your right, within a small complex
Cap Rate
7
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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Calculator source: Real Geeks