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504 Holly Dr
Edmonds, WA 98020

$1,395,000 USD

Office Condo For Sale  •  3,582 SF

Property Details

  • Property Type Office
  • Total Building Size 3,582 SF
  • Lot Size 0.44 AC
  • Building Class C
  • Year Built 1995
  • Tenancy Multiple
  • Zoning BC, Edmonds
38 Transit Score
91 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Medical Office 3,582 SF $1,395,000 USD
  • Unit Size: 3,582 SF
  • Condo Use: Medical Office
  • Price: $1,395,000 USD
  • Sale Type: Investment
  • Price/SF: $389.45 USD
Description
Prime 2-unit commercial space in the heart of Edmonds Bowl offering unbeatable visibility in the downtown core. Spanning 1,794 & 1,788 square feet, both units are 100% leased, ensuring steady income. Updates will keep it low maintenance & include Hardie plank siding, roof, gutters, windows & fresh exterior paint. Ample parking w/ private rear parking lot + st parking. Versatile layout accommodates various business ventures. Welcoming reception areas w/ granite counters, built-in workspaces, large conference rmm, & private offices. Surrounded by shops, restaurants, & thriving businesses, these walkable units are positioned to attract tenant & client traffic. Mo. rent income $7,379 + NNN $1,886. Secure a valuable investment portfolio addition

Sale Notes
Please use Katie Brazel at Chicago Title & Escrow. Rents $7,379 monthly. NNN $1886.00 (HOA, insurance, taxes and utilities). Owner pays nothing. Long term tenants. Cap rate 6.346. Legal Address is - 504 Holly Dr #100.

Amenities

  • Bus Line
  • Signage
  • Central Heating
  • Drop Ceiling
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Seattle Paine Field International 22 min - 11.0 mi
Seattle-Tacoma International 46 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Adam Cobb 206-854-9454 Windermere Real Estate
Adam Cobb 206-854-9454 Windermere Real Estate