3119 Oakes Ave Everett, WA 98201-4405
This exceptional commercial investment opportunity encompasses three well-maintained office buildings situated at 3115, 3117, and 3119 Oakes Avenue in Everett, Washington. The properties are located near the Snohomish County Court, offering convenient access to legal and government services. The combined land area totals 10,454 square feet, spanning 0.24 acres across three adjacent parcels. Each building is currently 100% leased, providing immediate cash flow. Importantly, the lease terms are short, presenting a clear path for future redevelopment plans. The properties are zoned Urban Mixed, allowing for a variety of development options. Ample on-site parking is available for tenants and visitors. This presents a unique chance to acquire a portfolio of income-generating assets with significant upside potential. A fourth adjacent property, located at 3113 Oakes Avenue (NWMLS #2289153), is also available for purchase, offering the possibility of developing all four lots. The existing mortgage may be assumable, subject to qualification. This is an ideal opportunity for investors seeking a strong return on investment with significant long-term growth potential.
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Russ Juckett Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
FS · Everett, WAEverett. Always verify with local authorities before improvements.
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.