119 D St Listing Details & Market Data

Excellent owner/user or investment opportunity in downtown Marysville.Excellent owner/user or investment opportunity in downtown Marysville. 119 D St is a two-story building comprised of approximately 14,382 SF in total. The first floor is currently rented to Mcnally Appliance at $3,000.00 per month. Of the total 14,382 SF, Mcnally Appliance is occupying approximately 10,360 SF that includes 6,360 SF of warehouse/shop space with tall ceilings and alley access at the back of the building. The remaining square footage (approximately 4,022 SF) is located on the second floor with its own separate entrance at the front of the building. The second story is currently unoccupied and provides an opportunity for an owner/user to utilize this space while collecting income from McNally Appliance. Or, rent out this space to a second tenant and increase rental income. The subject property benefits from a new roof in 2022 along with new lighting throughout, new exterior paint and cosmetic improvements (paint, flooring, entry door) for the second story unit. Mcnally Appliance has two years remaining on their current lease with two five-year options (10% rent increase at each option period).