1024 1st St
Snohomish WA 98290
Marks Building
1024 1st St Snohomish WA 98290
Listing #: 665342 | Status: Available | Last Modified: 11/1/2024 |
For Sale
- Phone:(425) 754-4518
- Email:lhuntington@workmanres.com
- Office Name:Workman Real Estate Services
- Office Phone:(425) 754-4518
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,800,000.0
- $/SF$ 297.4
- Listing StatusAvailable
- Days on Market571
- Asset ClassRetail, Office
- Terms
- Investment Type
- Investment PropYes
- Gross Income512,446
- Vacancy Factor %21.00%
- Operating Expenses77,626
- Net Operating Income327,206
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units24
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units24
- # of Elevators
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF19502
- Net Rentable Area14168
- Total Office SF6121
- Largest Contiguous SF
- Lot SF4792
- Acres0.11
- Property TypeRetail
- Office Type
- Building ClassB
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #00579500601501
- Additional Parcels
- ZoningHBD
- Year Built1893
- Year Renovated2022
- Completion Date
- Roof Type
- Construction Type
The Historic Marks Building
Owner-User or Investment Opportunity. 97% Occupied. The Historic Marks Building features original brick, stone and glass on exterior and within interior retail and office suites. Upper Floors host views of the Snohomish River Valley and Cascade Mountains and the Historic Business District. Building features include original doors, windows, high ceilings, original wood floors, updated plumbing, electrical, HVAC systems, high speed internet and Elevator from the main to upper floor.