Auto Body Shop For
For Sale
$725,000
Pending
2006 Broadway Ave, Everett, WA 98201
2500 SF auto body shop on 6098 SF lot.
Property Size2,500 SF
Days on Market652
Property Features for 2006 Broadway Ave
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
DOWNTOWN DENNIS REAL ESTATE SERVICE, LLC
Listed By:
DENNIS WAGNER
Source:
Corcoran
Added: Oct 17, 2024
Changed: Jul 10
Last Checked: Jul 23 at 9:52AM
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 DOWNTOWN DENNIS REAL ESTATE SERVICE, LLC
Investment Insights
Based on property information with market context.
This is a 2500 square foot auto body shop situated on a 6098 square foot lot. The property is currently vacant, with the previous tenant's lease now expired. The property is available for sale and suitable for automotive or retail use.
Key Highlights
- Vacant auto body shop ready for immediate occupancy
- Substantial 6098 Sf lot size
- 2500 Sf retail space
Financial Insights For Retail
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 | $54.0k | $21.60 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $51.6k | $20.63 |
| − OpEx | −$15.5k | −$6.19 |
| NOI | $36.1k | $14.44 |
2,500 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$515.7K
$451.2K – $601.7K
NOI $36,099 @ 7.0% cap · market cap 4.98%
Second Best
Industrial
$329.2K
$288.0K – $384.0K
NOI $23,041 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$827.5K
$724.1K – $965.4K
NOI $57,926 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98201, WA
30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Torfab — 2902 W Marine View Dr, Everett, WA 98201
- ONB Automotive Repair — 3002 Grand Ave, Everett, WA 98201
- Mikes performance automotive — 2925 rucker ave, everett, wa 98201
- Auto Glass Fitters — 3007 Rucker Ave, Everett, WA 98201
- Ant's Community Garage — 2927 Grand Ave, Everett, WA 98201
Frequently Asked Questions
What type of property is this?
Auto shop - 2500 SF auto body shop on 6098 SF lot.
Where is this auto shop located?
The property is located at 2006 Broadway Ave Everett, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Vacant auto body shop ready for immediate occupancy; Substantial 6098 Sf lot size; 2500 Sf retail space
