Provided by NWMLS, Listed by Windermere Real Estate Midtown
Active
2011 Madison Street
Everett WA, 98203
$1,150,000
Active
Commercial
Built in 1947
Instant equity awaits savvy investor at this multiple strategy value-add site. 5% cap with significant upside. Two-story mixed-use building with three 1-bedroom apartments, three street-front commercial spaces, and three flexible-use spaces on the main level. 26,752 sf neighborhood business (NB) zoned corner site - a blank slate for townhomes, apartments, owner-user, and other uses. Site maintains a neighborhood character with excellent commutes and access to amenities. A great opportunity to invest in the City of Everett, anticipated to be Washington's fastest-growing large city over the next 10 years. First time available in 45 years. Sold As-Is.
2158980
MLSⓇ ID
September 5, 2023
Listed
March 21, 2024
Updated
Map
2011 Madison Street
Everett WA, 98203
Interior Features
Interior Features
Concrete, Laminate Hardwood, Wall to Wall Carpet
Floor Description
Concrete, Laminate, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall Unit(s)
Exterior/Building Features
Lot Size
0.61 Acres
Exterior Features
Brick, Wood
Roof
Flat
Sewer
Sewer Connected
Other Property Details
Area Name
740 - Everett/Mukilteo
Taxes
$8,332
Tax Frequency
Annually
Garage
No
Parking Total
20
View
No
County
Snohomish
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
2/26/2024 | Active | — |
12/24/2023 | Pending | — |
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/8/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/8/2024 at 10:00 AM UTC