2809 Grand Ave Everett, WA 98201
Freestanding office building offering 57 total parking stalls, including 13 on-site and 44 in a corner parking lot.
Property Features for 2809 Grand Ave
General Information
- Standard status
- Active
- Size
- 18,152 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1957
Listing office AYERS COMMERCIAL GROUP
Listing date Jul 11, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
An additional 44 parking stalls are available in the parking lot at the corner of Grand Ave and California St, for a total of 57 stalls. The parking ratio is listed as 3.14 per 1,000.
The offering is positioned in downtown Everett at 2809 Grand Ave, with convenient access associated with the corner location.
Key Highlights
- Stand‑alone office building built in 1957 in downtown Everett near Grand Ave and California St
- 18,152 SF office building with 57 total parking stalls
- Parking includes 13 on‑site stalls plus 44 additional stalls in the corner parking lot at Grand Ave and California St
Local 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 | $479.2k | $26.40 |
| − Vacancy | −$74.3k | −$4.09 |
| EGI | $404.9k | $22.31 |
| − OpEx | −$101.2k | −$5.58 |
| NOI | $303.7k | $16.73 |