Property profile

3218 Nassau St Everett, WA 98201

OFF-MARKET
Medical Office Space
Property ID
US90-0958530
1,780 SF 0.15 ac lot Built 1925
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1,780 square foot Class C office building, situated on a 6,534 square foot lot in Everett, Washington, presents a unique opportunity. Built in 1925, this two-story building is zoned UR4 and currently functions as a medical office, though it's also suitable for traditional office use. The property boasts a convenient location adjacent to the Providence Medical Campus, making it ideal for healthcare professionals or businesses seeking proximity to medical services. A small, six-stall surface parking lot is located behind the building, enhancing accessibility. A ramp connecting the rear parking lot to the front entrance ensures ADA compliance. The building is offered at $499,000 and is available for owner-user occupancy or redevelopment, offering flexibility for various business needs. The property's prime location and adaptable nature make it an attractive investment prospect in a thriving area. The building's history adds character, while its accessibility features cater to a broad range of potential users. This is a rare opportunity to acquire a well-situated property with significant potential for growth and adaptation. The property is located at 3218 Nassau St, Everett, WA 98201.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1925
Construction WOOD
Total area 1,780 SF
Lot 0.15 ac (6,534 SF)
Zoning code FP
APN 437577302300
UPID US90-0958530

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

3218 Nassau St Everett, WA 98201-4139
Everett metro Census 40800 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2025
Last sale
$440,000
2 recorded transactions
2025
$440,000
2015
$340,000

Zoning & alternative use

FP · Everett, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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