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Hereth Building
1050 - 1052 State Ave Marysville WA 98270
Listing #: 695586 | Status: Pending | Last Modified: 3/5/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 402,032 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 41,203 |
| Net Operating Income | 360,829 |
| CAP Rate | 9.62 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 2 |
| # of Units | 4 |
| # of Elevators | 0 |
| A/C | Yes |
| Total Building SF | 27,546 SF |
| Net Rentable Area | 26,532 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 92,783 SF |
| Acres | 2.13 |
| Year Built | 1963 |
| Sprinklers | Yes |
| Construction Type | Concrete, Masonry |
| Property Type | |
|---|---|
| Property Type | Retail |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | Snohomish |
| Vicinity | Downtown |
| Market Area | Arlington/Marysville/Stanwood |
| Tax ID # | 30052800216700 |
| Zoning | DC |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 60 |
| Total Parking Spots | 60 |
Hereth State Building
This family owned building, in Marysville on State Avenue, is fully occupied with long term tenants. Current tenants include a gym, pawn and jewelry shop, laundromat and coffee stand. The building has a sprinkler system, paved parking lot with over 105 parking spaces and is in a PRIME Location. Just 5 minutes to I-5 for commuting and for ease of access for tenants' customers. This is your opportunity to own prime real estate with Downtown Commercial Zoning in fast growing Marysville with a CAP rate of 9.6% and annual rent increases built in. Seller will carry a contract: 25% down, 30 year amortization, 5 year cash out and 5% interest. Ideal for an investor with an eye for the future.
Strip Mall
Hereth Building
1050 - 1052 State Ave Marysville WA 98270
Listing #: 695586 | Status: Pending | Listing Date: 4/11/2025 | Last Modified: 3/5/2026 | Email Listing
For Sale
Hereth Building
