Listed by Elena Pike, Torre Realty
- Commercial Industrial
- Type
- 1984
- Year built
- 11,671 sq ft
- Lot
- 440
- Days on market
About this property
This exceptionally well-maintained commercial property presents a rare investment opportunity with strong cash flow and a solid rental history. Conveniently located just off I-5, it offers excellent visibility and easy access. The fully occupied office building with stable, long-term tenants, additionally 13 storage units remain consistently rented with a waitlist—underscoring strong demand. Additional upside potential comes from virtual office rentals that include access to a shared conference room. With an impressive 8% cap rate and multiple income streams, this is a turn-key asset in a prime location. Don’t miss out!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2379823
- Listed
- June 13, 2025
- Days on market
- 440
- Original list price
- $1,299,000
Construction
- Year built
- 1984
- Style
- 60 - Comm Bldg Und 10K
- Structure
- Unspecified
- Roof
- Composition
Heating & cooling
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Energy source
- Electric
Flooring
- Flooring
- Carpet
Lot
- Lot size
- 11,671 sq ft
Terms
- Terms offered
- CashConventionalOwner Will Carry
Utilities
- Water
- Skagit PUD
- Sewer
- City of MV
- Power
- PSE
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Unspecified
- Composition
- Heat Pump
- Electric
- Carpet
- Cash
- Conventional
- Owner Will Carry
Listing history
Listed
$1,299,000
June 13, 2025
Current price
$1,265,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$7,367
- Principal & interest
- $6,397
- Property tax (est.)
- $970
Assumes $253,000 down (20%), a $1,012,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 12:45 AM PDT. 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.