725 N Stanley St
Newly constructed two-story medical office building at 725 N Stanley Street in Medical Lake, Washington, offered at $2,300,000. The 12,484 SF property on a 49,264 SF lot is currently generating income from two leased suites, with an additional 6,000 SF lower level and one upper suite available for lease or owner occupancy, providing immediate cash flow and expansion potential.
Built in 2005 and upgraded with a new composite roof in 2024, the building features durable concrete construction and is serviced by Avista Utilities for heating and power, with city water and sewer connections. The C-1 zoning supports a wide range of commercial uses, offering flexibility for investors and owner-users. The property includes a paved parking lot with approximately 42 spaces, well-suited to the medical office tenant base and visitor traffic typical of the area.
- Two leased suites generating current income
- 6,000 SF lower level plus one upper suite available for lease or owner occupancy
- Recently upgraded roof (2024); concrete construction
- 42 parking spaces on 49,264 SF lot
- C-1 zoning supports diverse commercial uses
More property details
Location
Located at 725 N. Stanley St., Medical Lake, WA 99022, this outstanding investment property features a modern two-story office building comprising approximately 12,484 square feet on a ±49,264-square-foot lot. Built in 2005 and recently upgraded with a new composite roof in 2024, the building offers durable concrete construction and is serviced by Avista Utilities for heating and power, along with city water and sewer connections. Zoned C-1, the property supports a wide range of commercial uses, providing flexibility for investors and owner-users alike. Suites A and C are currently leased and generating income, while Suite B and the 6,000-square-foot lower level are available for lease or owner occupancy. The property also includes a paved parking lot with approximately 42 parking spaces and is competitively priced at $2,300,000.