2011 Madison St Everett, WA 98203
Mixed-use property with development potential in a revitalizing urban area.
Property Features for 2011 Madison St
General Information
- Standard status
- Active
Building Details
- Year built
- 1947
Source:
Corcoran
Listing Agent: Edward Krigsman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Asset in Everett Core
This mixed-use property is located in Everett’s revitalizing urban core. The property, known as Interurban Crossing, occupies a 26,572 square foot corner lot that includes alley access and over 20 parking spaces. The existing 7,629 square foot structure is leased to local tenants and includes 3 storefronts, 3 apartments, and 3 flex spaces. The current gross rent is over $64,000, with a pro forma of over $144,000 with light upgrades. The property's 26.3% lot coverage, NB zoning, and Opportunity Zone status offer phased development potential. The location is near the Interurban Trail, the future light rail, and the new stadium district. This walkable and well-connected location provides built-in income and development upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Thrift Store Garage ...
Thrift Store
Hampton Hair Design
Hair Salon
American Laser Inc
Laser Hair Removal Service
Tattoosmith & Company
Tattoo Shop
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.204929
- Latitude
- 47.936592
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with development potential in a revitalizing urban area.
Where is this mixed-use property located?
The property is located at 2011 Madison St Everett, WA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: - High pro forma gross rent potential of $144K+ with light upgrades.; - Opportunity Zone and NB zoning offer significant phased development potential.; - Located in Everett's revitalizing urban core, steps from the Interurban Trail, future light rail, and new stadium district.