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Restaurant Building on Broadway Avenue

2317 Broadway Ave Everett, WA 98201

2317 Broadway Ave, Everett, WA, 98201
$2,395,000
For Sale
Claim this Listing
$2,395,000

Restaurant building for sale on a 0.69-acre lot.

Property Size6,312 SF
Lot Size0.69 Acres
Price / SF$379.44
AddedApr 13
Days on Market94
Last RefreshApr 14 at 7:05 am

Property Features for 2317 Broadway Ave

General Information

Standard status
Active
Size
6,312 SF
Lot size
0.69 Acres
Property subtype
Commercial

Building Details

Year Built
1981

Listing office FIRST WESTERN PROPERTIES, INC.

Listing date Apr 13, 2026

Source Corcoran

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 FIRST WESTERN PROPERTIES, INC.


Investment Insights

Based on property information with market context.

This is a 6,312 square foot restaurant building situated on a 0.69-acre lot. The property is zoned MU. The business is currently operating; please do not disturb the tenant.

Key Highlights

  • 6,312 square foot restaurant building
  • Situated on .69 acres of land
  • Zoned MU (Mixed Use)

Local Financial Insights For Specialty 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 $143.9k $22.80
− Vacancy −$5.8k −$0.91
EGI $138.2k $21.89
− OpEx −$34.5k −$5.47
NOI $103.6k $16.42
6,312 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,618 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,253 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Law Firm Auto Repair Shop Hair Salon Building Supply Spa & Massage Center Nail Salon Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Health Plate Personal Chef Services — Everett, WA 98201

FAQs

What type of property is this?
Restaurant - Restaurant building for sale on a 0.69-acre lot.
Where is this restaurant located?
The property is located at 2317 Broadway Ave Everett, WA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 6,312 square foot restaurant building; Situated on .69 acres of land; Zoned MU (Mixed Use)
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