$2,500,000
Est. $13,549/moPrice reduced $1,250,000 from the original $3,750,000 asking price
1050 State Avenue, Marysville, WA 98270
• Listed Apr 10, 2025•54 days active · 54 cumulative
Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com
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Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com
About this home
This family owned building is on the market, located in central Marysville, and 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 tenant customers. This is your opportunity to own prime real estate with Downtown Commercial Zoning in fast growing Marysville with a high CAP rate and annual rent increases. Sellers may carry a contract. Ideal for an investor with an eye towards the future. Brand new roof over gym. Roof remaining over south end of building has 1 year warranty (apx) left on install.
Listed by Debbie Barger Smith • Windermere Real Estate JS
Listing updated: October 31, 2026 at 12:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2358494
Around this home
How much should you offer?
1050 State Avenue, Marysville, WA 98270
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm Bldg Ovr 10K
Flooring
- Concrete
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- Heat Pump cooling
Schools
Ratings via SchoolDigger- Liberty ElementaryPublic · Grades PK-6 · 0.3 mi · State rank 726 of 1,1384/10
- Totem Middle SchoolPublic · Grades 7-8 · 0.3 mi · State rank 478 of 5141/10
- Marysville NWESD 189 Youth EngagementPublic · Grades 10-12 · 0.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 27,546 sq ft
- Expansion area
- true
- Year built
- 1963
- Environmental survey
- No
Parking & site
- Uncovered parking
- 105
- Acres
- 2.13 acres
- Lot square feet
- 92,783 sq ft
- Zoning jurisdiction
- City
Income & lease
- Gross scheduled income
- $402,032
- Net operating income
- $360,829
- Cap rate
- 10%
- Total monthly triple net
- $3,434
- Square feet rented
- 26,676 sq ft
- Total expenses
- $41,203
Taxes & terms
- Annual taxes
- $28,368
- Tax year
- 2025
- Total assessed value
- $3,558,900
- Financing
- Cash, Owner Will Carry
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1050 State Avenue
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 31, 2026Back on marketNWMLS via MLS Grid · #2358494$3,750,000
- Oct 31, 2026Price reducedNWMLS via MLS Grid · #2358494$2,500,000
- Apr 10, 2025ListedNWMLS via MLS Grid · #2358494$3,750,000
Mortgage payment forecast
$16,538 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com
Market pulse
Marysville is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 78 days.
Recent sales nearby
Within 1 mile · last 6 months$549,000 Sold
1 day ago
3 bd•2 ba•~1,587 sq ft•Single Family
8205 50th Avenue NE, Marysville, WA 98270
0%
Over list
21
Days on market
1.0 mi
Distance
$27,000 Sold
3 days ago
22 bd•1 ba•Single Family
4000 76th Street NE #6, Marysville, WA 98270
0%
Over list
—
Days on market
0.4 mi
Distance
$580,000 Sold
3 weeks ago
•Single Family
1390 Cedar Avenue, Marysville, WA 98270
3%
Under list
37
Days on market
0.6 mi
Distance
$595,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,498 sq ft•Single Family
5536 70th Street NE, Marysville, WA 98270
0%
Over list
71
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 7, 2026 at 7:59 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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