2532 Broadway Everett, WA 98201-3021
- Individual retail properties
- 1,958 SF
- 0.08 lot acres
Current Use by Public Records
- Empire Insurance Brokers / Auto Insurance Agency / Home Insurance Agency
- Nationwide Insurance: A&R Insurance And Financial Services LLC / Insurance Agency
Property Details for 2532 Broadway
- Year built
- 1915
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 1,958 SF
- Zone code
- BMU
- Property type
- Individual retail properties
- APN
- 439156601702
- APU
- 439156601702
Description
This exceptional 1,958 square foot executive/traditional office building presents a unique owner-user opportunity in Everett, WA. Located at 2532 Broadway, this two-story, 1915-built building boasts a 2020 renovation, offering modern amenities within a historic structure. The property sits on a 0.08-acre lot and includes two parking spaces. With 100% occupancy and a single unit, this building is ideal for a business seeking a prominent location. The C1 zoning allows for a variety of commercial uses. Benefit from the high visibility and traffic count exceeding 20,000 cars daily, situated near I-5, Everett Community College, and a hospital. The asking price is $625,000, translating to $319.20 per square foot. This is a rare chance to own a well-maintained, strategically located office building in a thriving area. The property's APN is 004391-566-017-02. This is an investment opportunity not to be missed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $640,000
- 6.5%
- $740,000
- 7%
- $720,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $765,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $755,000
- Retail
- $575,000
- Mixed-Use
- $740,000
- Hospitality
- $670,000
- Educational
- $585,000
- Residential Income
- $580,000
- Energy
- $775,000
- Income-Based Land
- $595,000
- Food Service
- $745,000
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.202
- Latitude
- 47.9834
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA