2121 Meridian E Ave Edgewood, WA 98371-1006
This exceptional mixed-use commercial property, located at 2121 Meridian Avenue E Unit 7 in Edgewood, WA, offers 1600 square feet of adaptable space perfect for a variety of businesses. The property boasts a spacious foyer, three private offices, and three restrooms, providing ample room for both employees and clients. Its central location on Meridian Avenue offers unparalleled convenience, with easy walking access to Edgewood City Hall, residential areas, and public transportation. This ensures high visibility and accessibility for your business. The layout is flexible and can be easily configured to suit diverse operational needs, whether you require dedicated office space, storage facilities, or a combination thereof. The property's versatility makes it an ideal choice for a range of commercial ventures. Its strategic location within Edgewood provides excellent connectivity to the surrounding community, fostering strong business relationships and maximizing your reach. This is a rare opportunity to secure a well-situated, adaptable commercial space in a thriving community. Contact us today to arrange a viewing and explore the possibilities this property offers for your business.
The Commercial (C) zoning district accommodates a wide range of commercial development, including large format retail, auto-oriented uses, and regional scale commercial uses. Development standards seek to balance the needs of the pedestrian with those of the automobile and are flexible to accommodate a wide range of uses and forms. This area provides a visua…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Edgewood, WAThe Commercial (C) zoning district accommodates a wide range of commercial development, including large format retail, auto-oriented uses, and regional scale commercial uses. Development standards seek to balance the needs of the pedestrian with those of the automobile and are flexible to accommodate a wide range of uses and forms. This area provides a visual and functional transition to the Town Center and adjacent zones and assures that there is ample area to accommodate potential economic development opportunities. While commercial development is emphasized, this zone also allows mixed-use development that may combine commercial uses with multifamily housing. 3. The Mixed Use Residential (MUR) zoning district accommodates a range of medium density residential housing types to meet consumer preferences, changing household sizes and market demands. A mix of land uses is allowed, including commercial, professional, and other uses that are not incompatible due to noise, truck traffic, odors, or design/scale of structures. This zone provides a visual and functional transition between residential neighborhoods and areas of more intensive development. Within the Meridian Corridor, achieving a high level of connectivity with streets, pedestrian and bicycle routes both within this district and to the adjoining TC district is a major goal. 4. The Business Park (BP) zoning district accommodates a wide range of employment and commercial uses, including professional office, senior housing and apartments, light industrial and retail uses, contributing both revenues and jobs to the local economy. Development standards seek to accommodate a wide range of business, while ensuring an urban design that is compatible with adjacent zones. Significant landscaping is emphasized in this zone, both for aesthetic appeal and as a tool to ensure greater compatibility between a wide range of uses. While residential uses are generally not allowed in the BP zoning district, townhouses and apartments are permissible near the Interurban Trail. C. Permitted Uses. For permitted uses within the Town Center, Commercial, Mixed Use Residential, and Business Park zoning districts see EMC § 18.70.050 Table 1, Land Use Table. D. Development Standards. This subsection establishes the development standards that apply to the zones described.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
