- For Sale $2,300,000
- Property Type Office - Medical Office
- Property Size 12,484 SF
- Lot Size 1.13 Acre
- Cap Rate % 0.23
- NOI / YR $5,351.00
- Parking Spaces Avail. 46
- Parking Ratio 3.68 / 1,000 SF
- Property Tenancy Single Tenant
- Date Updated May 28, 2026
Description
Office building for sale. See flyer for current rents for Suites A & C;
Suite B and the Lower Level are vacant for owner/user or investor/lease.
Introducing an exceptional investment opportunity - **725 N. Stanley St., Medical Lake, WA 99022**. This modern office building offers approximately 12,484 SF across two floors, situated on a ±49,264 SF lot in the prime location of Medical Lake. Constructed in 2005 with recent upgrades including a new composite roof in 2024, this property boasts concrete construction and is supported by Avista Utilities for heat & power, with access to city sewer and water services. The C-1 zoning permits a variety of commercial uses, making it a versatile asset for potential buyers. Existing leases in place for Suites A and C, generating income, with owner/user potential in the vacant space or future tenants. Additionally, the property features ample parking with a paved lot offering space for approximately 42 vehicles. Priced attractively at $2,300,000, don't miss out.
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Contacts
Kiemle Hagood
Kiemle Hagood
Kiemle Hagood