This exceptional commercial property, located at 9527 271st Street NW in downtown Stanwood, WA, presents a unique investment opportunity. The 0.3-acre lot boasts ample parking, ideal for clients, equipment, or employees, and offers 100 feet of street frontage ensuring high visibility. The building itself has recently undergone significant improvements, including fresh exterior paint and a durable metal roof. Convenient carport parking is complemented by an attached garage exceeding 300 square feet. Accessibility is ensured with full handicap compliance. The property enjoys privacy on its sides and rear. Inside, a complete remodel showcases a modern lobby, four well-appointed offices, a dedicated conference room, a functional kitchen, and a full bathroom. A flexible area is also included, complete with washer/dryer hookups. Recent upgrades encompass fresh interior paint, new carpeting, updated internet cabling, and modern electrical systems. The property is fully turnkey and zoned MB2, opening doors to a wide array of business ventures. This prime location and versatile space make it an attractive proposition for discerning investors seeking a ready-to-use commercial property in a thriving downtown setting. The asking price is $475,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$404,440
6.5%
$373,330
7%
$346,663
Comparable approach
Method
Valuation
Relative Method
$402,157
Geo Method
$254,783
Alternative Use
Use
Valuation
Industrial / Distribution
$757,945
Retail / Commercial
$384,179
Mixed-Use / Specialty
$379,269
Hospitality / Lodging
$273,650
Institutional / Educational
$393,022
Residential Income
$459,836
Multifamily
$571,126
Automotive / Energy
$336,876
Parking / Income-Based Land
$119,749
Restaurant / Food Service
$189,707
Healthcare / Senior Housing
$392,564
Location Insight
City
Stanwood
County
Snohomish
State
Washington
Latitude
48.2424
Longitude
-122.363
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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271St St Stanwood, WA 98292
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271St St Stanwood, WA 98292
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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