1832 Broadway Everett, WA 98201-2349
Property profile & analytics
1832 Broadway Everett, WA 98201-2349
- Retail space
- 6,520 SF
- 0.21 lot acres
Property ID
US90-0968550
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Colors of Hawaii Gifts Gifts and Treasures / (Bike/Boat/Book/etc) Store
- Colors of Hawaii Gifts / (Bike/Boat/Book/etc) Store
Property Details for 1832 Broadway
- Year built
- 1952
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.21 lot acres
- Property size
- 6,520 SF
- Zone code
- F2
- Property type
- Retail space
- APN
- 437936401700
- APU
- 437936401700
Description
This exceptional commercial property at 1832 Broadway, Everett, WA 98201, presents a compelling investment opportunity. The 0.21-acre lot features a beautiful brick retail building with six on-site parking spaces. Currently generating a gross annual income of $98,000, this property boasts a 6.00% capitalization rate, offering significant potential for increased profitability. Many of the existing leases are month-to-month, providing a clear path to raise rents and further enhance the cap rate. The property's prime location in Everett places it in close proximity to downtown Everett, Washington State University (WSU) Everett campus, and a local hospital, ensuring high visibility and strong tenant demand. The spacious layout and ample parking are attractive features for potential tenants. The Snohomish County Assessor's Parcel Number (APN) is 00437936401700. The asking price for this property is $1,600,000. This property offers a solid investment opportunity due to its prime location, strong rental income potential, and the possibility of increasing rental rates to achieve an even higher cap rate. Its proximity to schools, parks, and downtown Everett further enhances its appeal and investment value.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $680,000
Market price range: $300k - $970k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,350,000 Current use
- INDUSTRIAL (GENERAL)
- $1,580,000 Change: +17% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,535,000 Change: +14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.202
- Latitude
- 47.9926
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,858
$541,200
$659,300
$1,200,500
-
$541,200
$659,300
$1,200,500
