3810 166th NE PlaceArlington, WA98223

$7,250,000
6 total units
$31,204 annual income
2.54 acres
759 days on market

VestorFilter™

Price per acre$2.85M/ac
Time on market19846 days

Property Description

This remarkable, self managed, well maintained 2 story building has 45,289 asf total, 41,254 rentable space, on 2.54 acres.There are 12 fully leased office/retail/and service suites and warehouse spaces. This building is just 2 blocks from Smokey Point Boulevard-less than 5 minutes to I-5, perfect for commuters. Located in one of the hottest commercial areas in Western Washington. This could be an ideal owner/occupant building or use as an investment. 90+ parking spaces, beautifully landscaped, secure gated and fenced warehouses in the back/sides of the building. Office/suite spaces =16,056 asf. Warehouse spaces = 25,199 asf. Elevator plus exterior stairs. The zoning here is Highway Commercial. Close to Cascade Industrial Center.

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Financial Data

Date Sold2023-08-23
Sold Price$6,500,000
Original Price$7,779,950
Current Price$7,250,000
Property Taxes$36,250

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Home Facts

StatusClosed
Year Built2003
Interior Features
Exterior Features
MLS IDNWM1912041