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538 N 5th Ave
Sequim, WA 98382

$259,950 USD

Medical Condo For Sale  •  1,182 SF

Property Details

  • Property Type Medical
  • Total Building Size 1,182 SF
  • Lot Size 0.43 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning LD
0 Transit Score
58 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 538 Medical Office 1,182 SF $259,950 USD
  • Unit Size: 1,182 SF
  • Condo Use: Medical Office
  • Price: $259,950 USD
  • Sale Type: Investment
  • Price/SF: $219.92 USD
Description
Situated on the ground floor, in Sequim's premier medical and business office complex, this fully leased space is turn key and ready to go. Whether you are looking for an owner/user building, or an entry level investment property, this space offers it all! Well maintained, and ideally located with easy access to medical, retail, and residential neighborhoods, along one of Sequim's most popular streets, it's positioned for maximum exposure and easy access. Ample parking in the paved shared parking complex. Parking lot, landscaping, and sidewalks are all maintained by the business park's condo association, for low overhead and worry free upkeep. Proximity to other medical and professional offices offers easy networking for business growth.

Sale Notes
Established tenant, highly sought after medical office space on ground floor.

Description 

Medical Office building in Sequim's best business district. Surrounded by other professional and medical offices, this is in a prime location. Easy access to downtown, shopping, eateries, and on one of Sequim's busiest avenue's for optimum exposure and location.

Highlights

Ground floor condo unit
High traffic area
Surrounded by medical and professional offices

Financial Summary

Cap Rate: 7.50 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Harbor Audiology & Hearing Services

Amenities

  • Accent Lighting
  • Central Heating
  • Hardwood Floors
  • Air Conditioning
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Roderick Dirks 360-504-3200 Ideal Real Estate
Roderick Dirks 360-504-3200 Ideal Real Estate