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    2815 Baker Ave Everett, WA 98201
    Property profile & analytics

    2815 Baker Ave Everett, WA 98201


    • Industrial properties
    • 30,000 SF
    • 0.34 lot acres
    Rare Flex Building Opportunity For Sale
    $4,800,000
    45,000 SF

    Rare Flex Building Opportunity

    Mixed-use building with office, retail, and warehouse space for sale.

    2815 Baker Ave, Everett, Everett, WA 98201
    View Listing
    Property ID
    US90-0021673
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Pelham Group NW / Real Estate Agency
    • Cierra Candles - Candle and Soap making supplies - Retail Store / Home Decor Store
    • Kendall Lauren Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Lindsey Lee Photography / (Bike/Boat/Book/etc) Store / Photography Service

    Property Details for 2815 Baker Ave

    Year built
    1902
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.34 lot acres
    Property size
    30,000 SF
    Zone code
    F6
    Property type
    Industrial properties
    APN
    437865800600
    APU
    437865800600

    Description

    The Baker Building, a three-story, 45,000-square-foot Class B property in Everett's CBA submarket, presents a unique investment opportunity. Built in 1905 and extensively renovated in 2018, this multi-tenant building offers a blend of executive office, flex, and warehouse space, currently housing 11 tenants. Two spaces are immediately available, ranging from 2,100 to 2,682 contiguous square feet, with a total of 4,782 square feet currently vacant. The building features desirable amenities including two dock-high doors, two drive-in bays, and 45 total parking spaces, complemented by a recently improved parking lot. Ceiling heights vary from 7 to 12 feet, catering to diverse needs. The 0.5-acre lot is zoned MU and boasts multiple loading and access points. Significant potential exists for owner-users, with 30,000 square feet of adaptable space including a basement warehouse with freight elevator, main floor warehouse space, and second-floor office space. The property's strong financial performance, generating an annual net operating income of $395,784, further enhances its appeal. Its convenient location near Interstate 5 and State Route 2, along with its proximity to various amenities and its location within an Opportunity Zone, makes this a rare and highly desirable flex property. APN: 004378-658-006-00 & 004378-659-031-00, Snohomish County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,610,000
      6.5%
      $4,255,000
      7%
      $3,950,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,271,000
      Market price range: $981k - $5.80M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.195
    Latitude
    47.9798
    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
    $29,987
    $394,300
    $3,002,700
    $3,397,000
    -
    $394,300
    $3,002,700
    $3,397,000
    View Listing
    More about this property
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