700 Murdock Street, Sedro Woolley, WA 98284 (MLS # 2470201)

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Listing provided courtesy of Northwest MLS; Dave Nelson Real Estate

PRICE $978,500
SIZE n/a
LOT SIZE 9,301 sqft

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.

LAST UPDATED 1/20/2026 TRACT Sedro Woolley
YEAR BUILT 1954 COMMUNITY Sedro Woolley
COUNTY Skagit STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 830 - Sedro Woolley
HEAT Electric, Forced Air, Natural Gas
LOT 9300 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS Irregular
MLS STATUS Active
STYLE 73 - Office
SUBDIVISION Sedro Woolley
TAXES 4763
UTILITIES Sewer Connected
WATER Public
ZONING Business,Commercial,Office

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/21/26 12:57 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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