6915 Evergreen Way, Everett, WA 98203

$1,270,000

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Listing courtesy of Lumin Brokers of Washington.

List Price
$1,270,000
Status
PENDING
MLS#
2516194
Days on Market
133
Annual Tax Ammount
9901
Internet Provider
Comcast

Property Description

Take a look at this prime opportunity in the high-traffic Madison area of Everett. This commercial property features two structures on two separate parcels. The front retail building has 2,139 sq ft of space sitting on 0.24 acres and could also be used as an office. The back office building has 784 sq ft of space sitting on 0.21 acres and could also be used as a kitchen. Both spaces feature separate access and ample parking with 27 total spaces. The financials and rents in the listing are from the previous tenants and are below market. This property has great visibility near the major intersection of Evergreen Way and Madison St. Zoned for flexible use with strong growth potential. Move quickly as this property won't last.

Additional Information

Community
Evergreen
Style
73 - Office
Year Built
1935
# of Assigned Spaces
27
Roof
Composition
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Vinyl, Carpet
Driving Directions
On Evergreen Way just south of Madison St.
Energy Source
Electric
Net Operating Income
$46,499
Gross Scheduled Income
$56,400
Cap Rate
3.66
Total Expenses
$9,901
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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Calculator source: Real Geeks