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$4,750,000
2482807 MLS ⋅ ACTIVE Status
Pleased to present the opportunity to acquire a Single Tenant - NNN, Petco located in Lake Stevens, Washington, with a newly executed 10-Year Lease Extension. The 11,550 SQFT property is leased directly to Petco Animal Supplies Stores, Inc., the Corporate Operating entity with over 1,500 Locations Nationwide. The lease includes Scheduled Rent Increases every 5-Years, offering predictable income growth with minimal landlord expense exposure. Strategically positioned within a high-barrier-to-entry retail corridor, the property offers excellent visibility and access along State Route 204, the primary east-west arterial connecting Lake Stevens to Everett and the I-5 corridor, with close proximity to State Route 9, the area’s dominant north-south highway. The site is surrounded by strong national retailers including Safeway, Target, and Ace Hardware, reinforcing its position within a proven retail trade area. Strong demographics, historically low retail vacancy, and the continued growth of the Snohomish County economy, supported by major employers such as Boeing and the U.S. Navy, further underpin the long-term performance of the investment.

9004 Vernon Road, Lake Stevens

Listing courtesy of Kidder Mathews.

$69,500
2482839 MLS ⋅ ACTIVE Status
*Non franchise Bubble Tea Business Opportunity located in South Hill Mall *Easy to operate, this business has been less than 3 years *Seller spent approx $300K on build out of this store *View with discretion

3500 S Meridian Suite 966, Puyallup

Listing courtesy of Kingstar Realty Inc..

$1,100,000
2482523 MLS ⋅ ACTIVE Status
Industrial zoned lot in the heart of Fremont. Value is in land only. 5914 sqft zoned UI U45. Listing price is just above assessed value. No entrance to the property before mutual agreement. Seller would like to review offers as-is or with a scaped lot so do not be scared of industrial debris. Seller can or will remove everything. Seller financing is available for qualified Buyers and 50% down. Seattle Municipal Code 23.5A and Table A 23.5A.040

4500 Leary Way NW, Seattle

Listing courtesy of The Preview Group.

$225,000
2480399 MLS ⋅ ACTIVE Status
Versatile and well-positioned, this just under 900 sq ft commercial building offers a smart layout that adapts easily to a variety of business uses. The interior features **two spacious private offices**, an **open reception area** ideal for client-facing operations, plus a **kitchen area and bathroom** for everyday convenience. Situated on a highly accessible corner lot, the property provides seven parking spaces in front, with additional room in the back for overflow parking or future flexibility—because no one likes circling the block. With a proven history as a **bank, insurance office, and massage studio**, this building has already shown it can comfortably wear multiple professional hats. Whether you’re launching a new venture or relocating an established business, this location offers visibility, functionality, and adaptability in one tidy package. Whether you're looking to move your current business or you're just getting started, this one could be exactly what you've been looking for.

101 E Main Avenue, Morton

Listing courtesy of CENTURY 21 Lund, Realtors.

$300,000
2481783 MLS ⋅ ACTIVE Status
This 1,709 sq ft, 45'X40' heated hangar offers the perfect space for aircraft storage. Featuring 42-ft bi-fold door, a pedestrian door, bathroom and 24/7 secure access via the county gate with an airport badge. This West Condo Hangar is designed for both convenience and functionality. This hangar is situated on Snohomish County Leased Land. Each hangar unit is individually taxed, while the HOA holds the land lease parcel. Annual HOA dues $4,000. Taxes $ 1,300. Land Lease just renewed through 04/30/2042.

3520 105th Place SW Unit #A5, Everett

Listing courtesy of Keller Williams Eastside.

$1,149,950
2481677 MLS ⋅ ACTIVE Status
Positioned in the heart of South Lake Stevens, just across from Costco. This 1 Acre parcel is ready for prime commercial development. Recently, the property was zoned in the City of Lake Stevens as CD (Commercial District), which has various uses. The property also benefits from high visibility, strong consumer activity, and continued residential expansion in the surrounding neighborhoods. The central location provides convenient access to key arterials, making it an ideal setting for a wide range of opportunities.

2427 S Lake Stevens Rd, Lake Stevens

Listing courtesy of RE/MAX Elite.

$4,350,000
2481386 MLS ⋅ ACTIVE Status
Building your business in Lakewood. Located at 3615 Steilacoom Blvd SW, the Center Plaza Professional Building is more than just an office it’s a local landmark designed for high-energy growth and professional synergy. Strategically positioned in the heart of Lakewood’s business district, this three-story destination places you exactly where the action is. Whether you are launching a collaborative "we-wok style" office share or scaling a professional firm, this building offers the infrastructure to back your vision. A recognizable three-story office building with 21,000 square feet of versatile space. Fully equipped with a modern elevator and comprehensive fire sprinkler system for safety and compliance. Features a high-capacity shared parking lot with over 70 surface spaces, ensuring easy access for both employees and clients. Situated at the high-traffic intersection of Steilacoom Blvd and South Tacoma Way, providing visibility to over 20,000–30,000 vehicles per day. Situated at the high-traffic intersection of Steilacoom Blvd and South Tacoma Way, providing visibility to over 20,000–30,000 vehicles per day.

3615 Steilacoom Blvd, Lakewood

Listing courtesy of Century 21 Real Estate Center.

$3,600,000
2481105 MLS ⋅ ACTIVE Status
Prime industrial opportunity in Ferndale, strategically located between Seattle and Vancouver. Excellent connectivity with immediate access to Interstate 5 for efficient north–south distribution. Expansive 3.1-acre site offering flexibility and scalability.26,000 SF industrial facility featuring 18-foot clear span ceilings, heated, and fire suppression. Multiple drive-in loading doors support seamless operations, and 480V/ 1,600A power service is suitable for manufacturing. Includes 1,500 SF of dedicated office space plus warehouse office/breakroom area. The concrete and asphalt yard provides ample room for truck circulation and outdoor storage.

5500 Nordic Way, Ferndale

Listing courtesy of Muljat Group.

$2,300,000
2478971 MLS ⋅ ACTIVE Status
Renovated South King County headquarters for a contractor, service company or distributor seeking customer-facing offices, warehouse/showroom space, grade-level loading and prominent Tukwila International Boulevard visibility. The property features a 12’ x 12’ grade-level roll-up door, approximately 19’ vaulted warehouse ceilings, storage area, and approximately 20 designated parking spaces. The space is configured with 2,312 SF of office, 3,171 SF of warehouse/showroom, and 373 SF of storage. Numerous recent upgrades and remodels throughout include a new office build-out, kitchenette, shower, updated plumbing, carpet, paint, bathroom finishes, HVAC system, and lighting. The property is well-suited for a contractor’s office and a variety of other permitted uses. Zoned NCC See Lease vs Buy Illustration and Parking Memorandum in attachments

13003 Tukwila International Boulevard, Tukwila

Listing courtesy of City Closers Real Estate.

$2,500,000
2481082 MLS ⋅ ACTIVE Status
This property represents an excellent investment opportunity with low overhead costs, currently available as the owner is adjusting their investment portfolio. The location offers high visibility and significant frontage exposure, with over 35,000 vehicles passing by daily. The space is versatile and can be converted for various uses, such as an assisted living facility, a dental clinic, or professional offices for legal and accounting services.

30640 Pacific Hwy Highway S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$135,000
2480306 MLS ⋅ ACTIVE Status
Business Opportunity – Established Quiznos Franchise located in a high-visibility retail center with consistent customer traffic and strong brand recognition. This owner-operated business presents an opportunity to acquire a nationally recognized franchise with established systems, trained staff, and ongoing operations in place. The business demonstrates solid historical performance with reported Seller Discretionary Earnings (SDE) of approximately $85,000 annually with a 19% cap rate using annualized net operating income. All furniture, fixtures, and equipment are fully paid for and included in the sale. The equipment value represents a substantial portion of the asking price, offering tangible asset support. The business operates under a franchise agreement requiring franchisor approval, transfer fee, and training for new ownership. The leased premises include an established term with potential extension options subject to landlord approval. Occupancy costs are considered competitive for the area. Franchise royalties apply per the franchisor agreement. This opportunity may be well suited for an experienced operator or an owner-user seeking entry into franchise ownership. Confidential financial details, franchise transfer requirements, and supporting documentation available upon execution of a confidentiality agreement. Buyer to verify all information to their satisfaction.

1202 Yelm Ave E, Yelm

Listing courtesy of CENTURY 21 North Homes Realty.

$1,989,500
2480465 MLS ⋅ ACTIVE Status
Multi-use Commercial.Perfect drive-through QSR location. Shadow anchored by WinCo with 1.4M annual visits.Build to suit, lease option, cash out or Seller financing available. PRIME LOCATION! Investor / Developer Alert!!! Zoned Community Center. Check with Pierce County for allowed uses. Consists of 2 adjacent parcels with combined lot size of 32,062 total sq ft. 2 buildings on each parcel includes 2 detached shops for storage. Total primary building sq footage approximately 2520. One building in excellent condition, one building is in average condition. City of Sumner sewer is available at SW corner of property. Located off HWY 410 with 53,000 VPD next to WinCo, O'Reilly Auto Parts and Sunset Ford. Fully signalized intersection. Buyer to verify all information to their satisfaction.

6709 166th Avenue E, Sumner

Listing courtesy of Better Homes and Gardens RE PC.

$715,000
2479805 MLS ⋅ ACTIVE Status
Prime Commercial Condos at Maple Court Condominiums - two street-front, adjacent, commercial condo units available, each ± 766 RSF. These units feature private entrances, addresses and are wheelchair accessible with ADA restrooms and kitchenettes. Well maintained, with one unit recently fully remodeled.  Both suites have open floor plans, ample storage and include their own water heater, electrical and HVAC systems with air conditioning.  Stop paying rent, great opportunity for owner-users to occupy one unit while renting out the other for additional income.  With excellent street visibility, these units offer large windows and signage opportunities. These versatile spaces are perfect for galleries, showrooms, local service offices or retail businesses. Currently owner occupied by law firm and architect. With an excellent Walk Score you'll have high business visibility and you're steps to popular shops, cafes and restaurants in addition to, public transportation options; including nearby bus lines and light rail. Just blocks from Maple Leaf Reservoir Park, offering convenience and a community vibe with a steady stream of foot traffic.  Strong synergy with I-5, Northgate and Lake City Way - just minutes way.  Excellent investment potential with a vibrant community setting, making it ideal for entrepreneurs, business owners and investors seeking a dynamic and convenient location. Strong HOA and wonderful neighbors. Water/Sewer/Garbage incl in HOA. Professionally pre-inspected.

9222 Roosevelt Way NE Unit #A, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,589,950
2480020 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features three versatile buildings. The 1,150 sq/ft 1-story building has 2 bedrooms, 1 bathroom, a kitchen, and a living room. The 1,260 sq/ft 1½-story building includes 3 bedrooms, 1 bathroom, a kitchen, and a living room. Both buildings can function as a residential home or professional office with flexible interior space that's suitable for administrative or live/work use. The 6,604 sq/ft brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators or investors.

3817 3819 94th Street SW, Lakewood

Listing courtesy of John L. Scott, Inc.

$1,199,950
2470923 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3819 94th Street SW, Lakewood

Listing courtesy of John L. Scott, Inc.

$394,950
2471619 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features a 1,150 sq/ft 1-story versatile building that can serve as a residential home or professional office, with 2 bedrooms, 1 bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. The location and utilities make this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3817 94th Street SW, Lakewood

Listing courtesy of John L. Scott, Inc.

$1,600,000
2480043 MLS ⋅ ACTIVE Status
A premier commercial development opportunity awaits with this fully approved Planned Unit Development, designed for six buildings featuring 88 total units and a 3,000 sq ft commercial pad. The Station @ Shelton Springs is poised to deliver much-needed housing to the area, with plans for 84 apartment units, 4 townhomes, and flexible mixed-use potential.Positioned along Hwy 101 with convenient access from Shelton Springs Road and directly across from Sanderson Airfield, this high-visibility location offers excellent connectivity to Olympia and I-5, just 25 miles away. The property spans three parcels totaling 3.6 acres within Mason County’s Urban Growth Area and sits in an Opportunity Zone, offering potential tax deferral benefits for up to 10 years.The years-long approval process has already secured water and sewer availability, high-density allowances, parking and open-space approvals, and mixed-use zoning — giving the next owner a near shovel-ready project. Development can be completed in phases, and the zoning allows for multiple pathways if residential is not the preferred use.With its strategic location, flexible zoning, and significant income-producing potential, this project represents a rare chance to deliver a legacy development in one of Shelton’s most promising growth corridors.

11750 N US Highway 101, Shelton

Listing courtesy of Virgil Adams Real Estate, Inc..

$3,995,000
2480133 MLS ⋅ ACTIVE Status
+++ SELLER FINANCING +++ TRANSIT-ORIENTED DEVELOPMENT SITE Kent, Washington | Midway Neighborhood and adjacent to the Kent/Des Moines Link light rail station. 25,991 sf (.59 acre) of high-density TOD land Zoned MTC-1, allowing multifamily, hotel, or mixed-use development up to 7 stories / 65 feet. The site benefits from immediate access to Sea-Tac Airport (5 minutes), downtown Seattle (20 minutes), and major employment hubs throughout the Kent Valley. The surrounding submarket has seen 2,000+ apartment units delivered or planned, with limited remaining TOD land supply. Site Size: .50 Acres (25,991 SF) Zoning: MTC-1 (Transit-Oriented, High Density) Max Height: 7 Stories / 65 Feet Max Site Coverage: 80% Current Use: Bar/Restaurant Topography: Flat, on-grade Highline College nearby (13,200+ students; CWU branch campus) Kent Valley employment base: 250,000+ jobs Proximity to Boeing, Blue Origin, aerospace & advanced manufacturing Prime walkable TOD site with strong transit connectivity Flexible zoning for multifamily, hotel, or mixed-use Strong residential demand with constrained TOD land supply Strategic location between Seattle and Tacoma Pro-growth municipality with multifamily incentives available. Current NOI from The Bar/Restaurant is $144,000.

23826 Pacific Hwy S, Kent

Listing courtesy of RE/MAX Northwest.

$2,000,000
2480107 MLS ⋅ ACTIVE Status
St. Joseph's Hospital. Building built in 1987, with remodels in 2011 and 2015. Occupied by Whatcom Occupational Health, with new 10-year lease with annual increases in place. Building maintained to high standard. Building has flexibility to support up to 4 physicians. Includes 2 waiting areas, large nurses station, 4 physicians' offices, 8 exam rooms, billing office, flex office (possibility for 9 exam room), 3 private restrooms, washer/ dryer, break room, and 3 exits to rear of building.

3010 Squalicum Parkway, Bellingham

Listing courtesy of Gage CRE.

$400,000
2479723 MLS ⋅ ACTIVE Status
Own a piece of local history with this versatile 2,160-square-foot commercial building, home to the iconic Hairsmith barber shop for the past 40 years. This property offers a rare combination of community legacy and modern business potential, perfectly situated on a high-traffic roadway that ensures maximum brand exposure. The prominent signage acts as a permanent billboard for your business, catching the eyes of thousands of daily commuters in a bustling corridor. Inside, the layout is designed for maximum functionality. The generous floor plan includes two well-maintained bathrooms, a dedicated private office, and a convenient laundry area—an essential feature for salons, medical clinics, or service-based industries. While it served as a single successful shop for decades, the building is suited for multi-tenant use, providing a fantastic opportunity for an owner-user to occupy one suite while generating rental income from another. The property benefits from flexible zoning that allows for a multitude of uses, from professional offices and retail boutiques to specialty medical suites or continued salon services. Opportunities with this level of historical stability, prime road frontage, and diverse usage potential are rare. Bring your vision to a location that has already proven its ability to thrive for nearly half a century. Buyer to conduct due diligence to their own satisfaction.

1218 S C Street, Port Angeles

Listing courtesy of Redfin.

$3,900,000
2479576 MLS ⋅ ACTIVE Status
Excellent retail opportunity on 1.57 acres (68,543 SF) ; two Parcels with strong redevelopment potential. Highest and Best Use as vacant supports retail/wholesale, while current use is an operating retail store. The property includes approximately 5,000 SF, constructed of prefab steel with good to excellent quality. No power lines or known nuisances. Ideal for owner-users, investors, or redevelopment consideration. Great opportunity in a high-visibility Auburn Way N location with strong traffic counts and excellent exposure. Convenient access to major arterials and surrounded by established retail, services, and residential neighborhoods. Located directly across the street from Fred Meyer, and near KFC and Planet fitness providing strong anchor-driven traffic. Ideal for retail, restaurant, or service-based users (buyer to verify permitted use). Please do not disturb occupants. 2 PARCELS CAN BE SOLD TOGETHER OR SEPARATELY!

926 Auburn Way N, Auburn

Listing courtesy of Whisper Real Estate.

$289,980
2479567 MLS ⋅ ACTIVE Status
Well-established Chinese restaurant located in a busy neighborhood retail center in the Newcastle area. Approximately 1,500 SF with a functional dining layout and fully equipped commercial kitchen. Current rent is $7,000/month (NNN included) with an existing lease in place, offering stability for an incoming operator. The restaurant features a diverse Chinese menu, strong local customer base, and convenient location along a major corridor, making it a popular choice for dine-in and take-out within the community. Turnkey opportunity suitable for an owner-operator or conversion to a different cuisine concept. All equipment and fixtures included in the sale. Business name and financials are confidential. Please do not disturb staff. NDA required.

Newcastle

Listing courtesy of Sea to Sky Realty.

$199,900
2478187 MLS ⋅ ACTIVE Status
Historic 1924 Building with Character & Opportunity currently being used as a Veteran’s Service Organization meeting and fundraising space. Main level features an open meeting hall with stage, classic wood bar with coolers and sinks ready for service, small functional kitchen, storage areas, and usable restroom, plus an additional restroom downstairs not currently in use. 3,500 sq ft per floor, 7,000 sq ft total. Upper level needs significant renovation and includes approx. 14 former hotel rooms, multiple non-operational bathrooms, and several community-style spaces. White membrane roof in excellent condition with no pooling; scuppers and downspouts function well. Vinyl windows throughout. Unique history and endless potential.

301 Allen Street, Kelso

Listing courtesy of RE/MAX Premier Group.

$140,000
2478914 MLS ⋅ ACTIVE Status
Your chance to own this hoppin' business. Great location, low overhead, mouth watering recipes. 8th St Chicken Co. is for sale. This kitchen comes with 2 Stainless steel fryers, a 48 inch flattop, a 24 inch charbroiler, a 50 inch 2 drawer lowboy refrigerator with space for 6 hotel pans, two under-counter double door refrigerators 1 double door reach in fridge, one chest freezer, 2 beverage fridges and one 50 inch sandwich table, 10 seat patio countertop and 3 infrared heaters. The lowboy allows you to keep product right under the cook station. There is also an excellent 10 foot hood installed that is owned by the landlord. One person can produce a ton of food in this well-designed space. It's the best chicken in town and a great business to own. Seller Financing Available!

511 W 8th Street, Port Angeles

Listing courtesy of Ideal Real Estate.

$60,000
2478810 MLS ⋅ ACTIVE Status
Excellent opportunity to acquire a well-established milk tea shop in one of UW's most vibrant commercial corridors. This street side shop offers an unbeatable business opportunity in the heart of UW District. Boasting massive daily foot traffic from students, faculty, and local residents, the shop features a modern, fully-equipped interior that is truly turn-key ready. This is a fabulous chance to take over a professionally built-out space in a high-demand area with a proven customer base. Whether you are looking to launch a new concept or expand an existing brand, this location offers the visibility and infrastructure needed for long-term success. Serious inquiries only.

00000, Seattle

Listing courtesy of Sea to Sky Realty.

$149,000
2479033 MLS ⋅ ACTIVE Status
Well-established and profitable custom dessert and tea shop in DT Bellevue with limited indoor and out door seating, this dessert shop offers a wide variety of Hong Kong -style desserts, primarily focused on fruit, especially mango, alongside traditional treats with ingredients like sago, mochi, jelly and coconut. Blended drinks with Mango . dragonfruit, passionfruit or taro. The shop has a lovely design with 550 sqft and low rent, the space and equipment are all set for you to start fresh with your own concept.

298 106th Ave NE, Bellevue

Listing courtesy of RE/MAX Town Center.

$799,000
2478784 MLS ⋅ ACTIVE Status
Amazon just purchased property right down the road from this parcel of land. The property is just shy of 10 acres and is completely flat and usable. Previous owner ran his heavy equipment company from this location which is 1 minute to I-5. Property features a 1692 sq ft office/home, large shop, large barn, workshop area and multiple out buildings to use as desired. This great property is perfectly located just off I-5 in an area that is growing rapidly. The perfect location to run your business. Come see it today and bring us your offer.

1480 Rush Road, Chehalis

Listing courtesy of CENTURY 21 Lund, Realtors.

$995,000
2478675 MLS ⋅ ACTIVE Status
Prime Commercial Opportunity in Purdy! Looking for the perfect location for your business? This versatile commercial property in desirable Purdy offers excellent visibility and ample space, presenting a unique opportunity for a variety of businesses. Situated directly off a high-traffic road, this building enjoys exceptional exposure and easy access for clients. The 3,078 sq ft building is currently configured into two separate suites, offering flexibility for tenants or the potential for an owner-user to occupy the entire space. The layout boasts approximately 12 offices, providing ample private workspaces, along with a dedicated reception area perfect for greeting clients and managing operations. This configuration is ideal for professional services, medical offices, or other businesses requiring a combination of private offices and client-facing space. The ability to combine the two suites into one large space offers even greater flexibility for future growth and expansion. One of the most significant features of this property is the large, paved parking lot. This abundance of parking is a rare find and a major asset for any business, ensuring convenient access for customers and employees. Adding to the appeal is a bonus lot located behind the building, offering a tranquil setting that backs up to a peaceful creek. This additional space could be utilized for a variety of purposes, from employee break areas to potential future development (subject to permitting).

14619 Purdy Drive NW, Purdy

Listing courtesy of G Anderson Group LLC.

$2,300,000
2475831 MLS ⋅ ACTIVE Status
PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

$1,050,000
2478536 MLS ⋅ ACTIVE Status
Ideal Owner-User Or Value-Add Opportunity

351 Park Avenue N, Renton

Listing courtesy of Kidder Mathews.

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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