Arlington, WA 98223,875 Wesley ST #1
Listed by Ayers Commercial Group
Bought with ZNonMember-Office-MLS
$5,775,000
$6,000,000
3.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1.67 Acres Lot

875 Wesley ST #1 Arlington, WA 98223

Est. payment /mo
SOLD DATE : 09/30/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
RE/MAX Whatcom County RE/MAX Gateway

RE/MAX Whatcom County RE/MAX Gateway

+1(360) 647-1313

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $5,775,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Arlington

MLS Listing ID 2293299

Sold Date 09/30/25

Style 73 - Office

Year Built 1991

Lot Size 1.670 Acres

Property Sub-Type Commercial Industrial

Property Description

Located adjacent to the Skagit Regional Health campus and Cascade Valley Hospital, the Whitehorse Medical Center is a multi-tenant medical office condo anchored by Skagit Regional Health and Western Washington Medical Group. Ideal opportunity for: 1. Value-add investment. Strong rent roll, with rental rates on occupied spaces averaging $29.36/SF, NNN. High historical occupancy, but pricing based on current 87% occupancy, provides an investor with stable cash flow with upside. 2. Owner-occupied medical group. With only 5,152 square feet leased on a long-term lease, the property provides a new owner with the opportunity to purchase a high-quality medical building, at well below replacement cost, and occupy space as leases expire.

Location

State WA

County Snohomish

Area 770 - Northwest Snohomish

Interior

Fireplace false

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Read Less


Northwest MLS (NWMLS)

GET MORE INFORMATION

RE/MAX Whatcom County RE/MAX Gateway

RE/MAX Whatcom County RE/MAX Gateway

Broker/Owner | License ID: 14060

+1(360) 647-1313

Name
Phone*
Message