Downtown Broadway Corner
1906 Broadway Avenue Everett, WA 98201
For Sale
Contact for pricing
Mixed-use property in downtown Broadway area.
Property Size4,500 SF
Price / SF$220
Days on Market142
Property Features for 1906 Broadway Avenue
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Mixed Use, Multifamily, Office, Retail
Building Details
Year Built
1910
Listing Agency:
KW Commercial, GSWA MCI LLC
(425) 765-3568
Listed By:
Melissa Johnson · License #105175
Source:
Crexi
Added: Mar 11
Changed: Jul 10
Last Checked: Jul 28 at 8:22AM
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 KW Commercial, GSWA MCI LLC
Investment Insights
Based on property information with market context.
This mixed-use property is located on a corner lot in the downtown Broadway area. The property has a size of 4500 square feet and is zoned for mixed urban uses.
Key Highlights
- Mixed Urban Zoning
- Downtown Broadway Location
- Corner Property
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $26.40 |
| − Vacancy | −$18.4k | −$4.09 |
| EGI | $100.4k | $22.31 |
| − OpEx | −$25.1k | −$5.58 |
| NOI | $75.3k | $16.73 |
4,500 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$941.1K – $1.25M
NOI $75,290 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$952.1K
$833.1K – $1.11M
NOI $66,647 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,268 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in downtown Broadway area.
Where is this mixed-use property located?
The property is located at 1906 Broadway Avenue Everett, WA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Mixed Urban Zoning; Downtown Broadway Location; Corner Property
