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.
Listing Provided Courtesy of Dave Nelson, Dave Nelson Real Estate
General Information
NWM2470201
Commercial Industrial
49
DOM
9300.06 SqFt
0
1954
Busines
Skagit
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Dave Nelson, Dave Nelson Real Estate
Krishna Realty data last checked: Mar 16, 2026 13:24 | Listing last modified Mar 09, 2026 21:16,
Source:
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.
