3614 BroadwayEverett, WA 98201

This Everett, WA mixed-use property presents a compelling investment opportunity. Located at 3614 Broadway, this offering encompasses two distinct buildings totaling 2,477 square feet on a 6,098 square foot lot. The property boasts a prime location in the Broadway Business District, enjoying high visibility with over 29,600 cars passing daily. Suite A, a 960 square foot office space, features four rooms, a reception area, and a half-bathroom, complete with newer roofing and flooring. Suite B is a charming historic 1 ½-story building with a basement, a detached two-car garage, and alley access, showcasing newer interior paint, carpet, and LVP flooring. The property is zoned for mixed use, offering significant potential. Currently generating a NOI of $26,539 and a 4.42% cap rate, the asking price is $599,995. The property includes two units, three bedrooms, and is situated on a lot with 50 feet of street frontage. Built in 1910 and 1962, the two-story building features annual rent riders. The property is sold as-is. Owner financing is available with a $250,000 down payment, a 6% interest rate, amortized over 30 years, and due in 5 years. The property is conveniently located within walking distance of various shops and restaurants, and just two blocks from Funko Field (Everett AquaSox Baseball Club). The current lease is a gross lease with two tenants, with a remaining term of 1.5 years, expiring May 31, 2026.