Excellent investment opportunity in downtown Sedro-Woolley, Wa. This well-located medical practice property offers a strong 7.3% cap rate with an established tenant base and a potential sale-leaseback opportunity. Situated on a highly visible corner lot fronting two streets, the property benefits from excellent exposure and abundant street parking for patients and clients. The building is served by city utilities, natural gas, and electric, and features a beautifully finished interior tailored for medical use. Tenants have long-standing, established clientele, providing stability and reliable income. The downtown location offers convenient access to surrounding services, retail, and amenities, further enhancing tenant appeal. This property presents an ideal opportunity for investors seeking a stable medical asset with solid returns in a growing Skagit County market.
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LAST UPDATED
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1/20/2026
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TRACT
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Sedro Woolley
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|
YEAR BUILT
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1954
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COMMUNITY
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Sedro Woolley
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COUNTY
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Skagit
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STATUS
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Active
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PROPERTY TYPE(S)
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Commercial
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| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
830 - Sedro Woolley |
| HEAT |
Electric, Forced Air, Natural Gas |
| LOT |
9300 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
Irregular |
| MLS STATUS |
Active |
| STYLE |
73 - Office |
| SUBDIVISION |
Sedro Woolley |
| TAXES |
4763 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
| ZONING |
Business,Commercial,Office |
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