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    1503 Pacific Ave Everett, WA 98201

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    For Lease
    Contact for pricing

    Single-tenant medical office, 3,900 SF

    Lot size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,900 square foot medical office building, situated on a 0.34-acre lot at 1503 Pacific Ave, Everett, WA 98201, presents a unique investment opportunity. Built in 1960, this single-story structure boasts a classic retro design and offers twelve parking spaces. The property is zoned B3 and features a convenient location at the corner of Pacific Avenue and Hoyt Avenue, placing it within walking distance of downtown Everett's vibrant amenities, including restaurants, bars, and the Angel of the Winds Arena. The building's single-tenant occupancy provides stability and ease of management. The property's address is 1503 Pacific Ave, Everett, WA 98201, with APN 006451-718-012-00. Its prime location and unique character make it an ideal space for a variety of medical practices seeking a distinctive and well-situated office. The building's history as a former Greyhound bus depot adds to its charm and character. This property offers a blend of vintage appeal and modern functionality, making it a compelling investment opportunity in a thriving urban setting. The building's single-story design and ample parking further enhance its practicality and appeal. This is a rare chance to acquire a well-located, single-tenant medical office building with significant character and potential.

    Property Features for 1503 Pacific Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,900 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,900 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Community Health Care ... Federal Credit Union

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.20952703008
    Latitude
    47.976555028512

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    FAQs

    What type of property is this?
    Medical office - Single-tenant medical office, 3,900 SF
    Where is this medical office located?
    The property is located at 1503 Pacific Ave Everett, WA.
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    1503 Pacific Ave Everett, WA 98201
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    Everett, WA 98201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1503 Pacific Ave Everett, WA 98201
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