Shovel-ready mixed-use development opportunity in Everett, WA with fully approved plans in hand for a 96,300 SF six-story building. Fully entitled and ready to build, the project includes 39 residential units with flexibility to expand to ~46 units by converting approved storage space, plus 7,300 SF of mini-storage that can… Read More also be converted to residential if desired. Designed with two elevators, 56 structured parking spaces across two levels, and additional parking for future flexibility. A community event center with full kitchen is also included. Zoned County Urban Center, the site supports high-density mixed-use development in a prime Everett corridor just 10 minutes from Paine Field Airport with quick access to I-5 and I-405. Close to Boeing, Amazon, Microsoft, Naval Station Everett, Everett Community College, and the Port of Everett, plus shopping, dining, and marinas. Existing income-producing units generate approximately $2,700–$3,400/month each, providing immediate cash flow. Residential mix includes 21 three-bedroom units, 15 two-bedroom units total, and 3 one-bedroom units, plus 75 storage spaces. Projected fully leased income is about $129,550/month. A rare chance to acquire a fully approved, shovel-ready project in a strong growth market with plans included. Read Less
Listing courtesy of Real Estate 2000 Inc.
Listing Snapshot
Cumulative Days On Market
89
Days on Website
89
Last Updated
Property Type
Commercial Industrial
Lot Size
0.93 Acres
MLS Number
2510478
30 Days Snapshot Of 98204
$444k
-10%
(avg) sold price
34
-10%
homes sold
67
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 0, Structure Type: Unspecified
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. Listings last updated on ,
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