Turn-Key Healthcare Space For
10315 19th Ave SE, Everett, WA 98208
For Sale
$899,000
Pending
2,372 SF medical suite in prime Silver Lake location.
Property Size2,372 SF
Days on Market520
Property Features for 10315 19th Ave SE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
COLDWELL BANKER COMMERCIAL DANFORTH
Listed By:
HEIDI IHDE · License WA #21025621
(425) 478-7546
Source:
Corcoran
Added: Jun 12, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER COMMERCIAL DANFORTH
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 2,372 square foot medical suite located in Silver Lake. The space is designed for healthcare professionals and was previously used for counseling services, a dental office, and sleep studies. The layout includes 6 exam rooms/offices with built-in sound attenuation, a large private physician/practitioner/director office, a large reception area with an integrated nurses station, and a dedicated server/computer area. There is ample storage throughout the suite. Patient-focused amenities include 3 restrooms, one of which is ADA-compliant, and abundant natural light enhanced by 2 skylights.
Key Highlights
- Turn‑key 2,372 sq ft medical suite ready for immediate occupancy.
- Prime Silver Lake location ideal for healthcare professionals.
- Six spacious exam rooms/offices with sound attenuation for patient privacy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,686
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,720
$793.7K
Cap Rate 7%
$566,943
$566.9K
Cap Rate 9%
$440,956
$441.0K
Market Conditions
NOI Build-Up for 2,372 SF
Gross rent
$62.6K $26.40/SF
− Vacancy
−$9.7K −$4.09/SF
EGI
$52.9K $22.31/SF
− OpEx
−$13.2K −$5.58/SF
NOI
$39.7K $16.73/SF
Area
Everett, WA
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,720
Cap Rate 7%
$566,943
Cap Rate 9%
$440,956
Alternative Uses
Best Use
Office B
$566.9K
$496.1K – $661.4K
NOI $39,686 @ 7.0% cap · market cap 4.41%
Second Best
Healthcare Medical
$513.4K
$449.3K – $599.0K
NOI $35,941 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$785.2K
$687.0K – $916.0K
NOI $54,961 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 98208, WA
60,019
Population
22,534
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
15.2 sq mi
ZIP Area
3,949
Density / Sq Mi
$102,546
Median Household Income
$53,626
Median Earnings
$1,859
Median Rent
$641,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Snohomish County, WA
Properties on Market for Medical Office Space in Snohomish County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,372 SF medical suite in prime Silver Lake location.
Where is this medical office space located?
The property is located at 10315 19th Ave SE Everett, WA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Turn‑key 2,372 sq ft medical suite ready for immediate occupancy.; Prime Silver Lake location ideal for healthcare professionals.; Six spacious exam rooms/offices with sound attenuation for patient privacy.
