South Everett Retail Building For
7439 Beverly Boulevard Everett, WA 98203
For Sale
$460,000
Stand-alone retail building in South Everett with high-visibility frontage.
Property Size1,650 SF
Price / SF$278.79
Days on Market140
Property Features for 7439 Beverly Boulevard
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Commercial
Building Details
Year Built
1946
Listing Agency:
RE/MAX TOWN CENTER
(425) 224-8400
Listed By:
LARRY P. MILLER
Source:
Corcoran
Added: Mar 13
Changed: Jul 10
Last Checked: Jul 29 at 9:11AM
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 RE/MAX TOWN CENTER
Investment Insights
Based on property information with market context.
This stand-alone retail building, constructed in 1947, is located in South Everett. The 1,650 square foot building has been updated with newer flooring and fresh paint. Currently operating as a hair salon, the property offers flexibility for various uses, including boutique retail, personal services, or professional offices. The property benefits from high-visibility frontage on Beverly Blvd, a collector arterial with approximately 5,000 vehicles per day. Monument signage opportunities enhance curb appeal. Rare off-street parking is available in the rear. The bright and functional layout includes washer/dryer hookups and plumbing-ready stations throughout. Salon equipment may be available for separate purchase. The property is suitable for both investors and owner-operators.
Key Highlights
- High‑visibility frontage on Beverly Blvd with approximately 5,000 vehicles per day.
- Flexible 1,650 sq ft space suitable for retail, personal services, or professional offices.
- Rare off‑street parking in the rear.
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 | $35.6k | $21.60 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $34.0k | $20.63 |
| − OpEx | −$10.2k | −$6.19 |
| NOI | $23.8k | $14.44 |
1,650 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$340.4K
$297.8K – $397.1K
NOI $23,825 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$546.2K
$477.9K – $637.2K
NOI $38,231 @ 7.0% cap · market cap 8.31%
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?
Retail space - Stand-alone retail building in South Everett with high-visibility frontage.
Where is this retail space located?
The property is located at 7439 Beverly Boulevard Everett, WA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: High‑visibility frontage on Beverly Blvd with approximately 5,000 vehicles per day.; Flexible 1,650 sq ft space suitable for retail, personal services, or professional offices.; Rare off‑street parking in the rear.
