Property Details

17303 Smokey Point Boulevard
Arlington, WA 98223
$500,000
MLS# 2520947 courtesy of NWMLS Listing firm: Dave Nelson Real Estate

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17303 Smokey Point Boulevard , Arlington, WA 98223, Arlington

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17303 Smokey Point Boulevard , Arlington, WA 98223, Arlington

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Office / Retail
Property Type
732
Bldg Sq Ft
1
Units
4.00%
Cap Rate
1960
Year Built

Property Overview

Highly visible Smokey Point commercial property in a prime Arlington location. Situated next to McDonald's drive-thru with strong daily traffic and easy access to I-5 and major intersections. 732 sq ft building currently leased to a long-term barber shop tenant through July 2027, offering a 4% cap rate. Tenant has invested in significant interior upgrades, resulting in below-market rent and future upside. Near amazon, Walmart and directly across from CVS. Great opportunity for small business or investment hold.

Property Details

Property Information

Property Type Commercial Sale
Subtype Commercial Industrial
Status Active
County Snohomish
Neighborhood Smokey Point
Listed May 8, 2026

Financial Summary

Cap Rate 4.00%
Net Operating Income $19,221
Gross Scheduled Income $24,720
Total Expenses $5,499
Total Actual Rent $2,060/mo

Building & Use

Building Sq Ft 732
Total Units 1
Sq Ft Rented 732
Zoning Business,Commercial,Office,Retail
Possible Use Business, Commercial, Office, Retail
Lot Size 9,583 sqft
Year Built 1960

Exterior & Lot

Lot Size 0.22 sqft
Year Built 1960
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood

Location

City Arlington
County Snohomish
Coordinates 48.15347, -122.18252

Additional Information

Tax Year 2026
Annual Taxes $3,999
Possession Array
Listed By
Dave Nelson
Dave Nelson Real Estate

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