700 Murdock St
Sedro Woolley WA 98284
700 Murdock St
700 Murdock St Sedro Woolley WA 98284
Listing #: 707305 | Status: Available | Last Modified: 3/12/2026 |
For Sale
- Phone:(425) 319-3100
- Email:dave.dnre@gmail.com
- Office Name:Dave Nelson Real Estate
- Office Phone:(425) 319-3100
- Office Website:www.davenelsonrealestate.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 978,500.0
- $/SF$ 199.6
- Listing StatusAvailable
- Days on Market104
- Asset ClassOffice
- Terms
- Investment Type
- Investment PropYes
- Gross Income79,230
- Vacancy Factor %0.00%
- Operating Expenses8,297
- Net Operating Income70,933
- CAP Rate 7.25 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF4903
- Net Rentable Area4903
- Total Office SF4903
- Largest Contiguous SF
- Lot SF17174306
- Acres394.27
- Property TypeOffice
- Office TypeOther
- Building ClassC
- CountySkagit
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaSkagit County
- Tax ID #P76158
- Additional ParcelsP76405, P77472, P77521
- ZoningCBD
- Year Built1954
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Medical Sale Leaseback Opportunity
Excellent investment opportunity in downtown Sedro-Woolley, WA. This well-located medical practice property offers a strong 7.3% cap rate with an established tenant base and a potential sale-leaseback opportunity. Situated on a highly visible corner lot fronting two streets, the property benefits from excellent exposure and abundant street parking for patients and clients. The building is served by city utilities, natural gas, and electric, and features a beautifully finished interior tailored for medical use. Tenants have long-standing, established clientele, providing stability and reliable income. The downtown location offers convenient access to surrounding services, retail, and amenities, further enhancing tenant appeal. This property presents an ideal opportunity for investors seek