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Property profile & analytics
FOR LEASE
Office buildings

3224 Wetmore Ave Everett, WA 98201

17,382 SF 0.35 ac lot Built 1981
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US90-2250766
Property summary
AI-generated overview

This three-story, 17,382 square foot Class B office building, constructed in 1986 and renovated in 2016, is located in Everett's central business district (CBD) at 3224 Wetmore Avenue, near 33rd Street. The property features a total of six suites, with 5,104 square feet currently vacant and available for lease. The building sits on a 0.35-acre lot and boasts a floor area ratio (FAR) of 0.72. It offers 31 total parking spaces. The building is zoned R5 and has a Snohomish County APN of 00439176701701. While there are no elevators, the building's traditional office layout is well-suited for a variety of businesses. The property is situated in the Northend submarket cluster, offering proximity to downtown Everett's amenities, including restaurants, coffee shops, entertainment venues, and boutiques. The building's location provides easy access to the vibrant downtown area while also maintaining a neighborhood feel. The building's ground floor is currently occupied by the Girl Scouts headquarters. This property presents a unique opportunity for businesses seeking a well-located, renovated office space in a thriving urban environment. The maximum contiguous space available is 5,104 square feet.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1981
Construction WOOD
Total area 17,382 SF
Lot 0.35 ac (15,246 SF)
Zoning code FS
APN 439176701701
UPID US90-2250766
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Girl Scouts of Western Washington North Regional Office and Store Charitable Organization Social Service Agency
  • Wetmore apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.99M
Blend (final) Blend
$2.90M
Owner & transaction history
Houvenir,paul & Gale · 17 yrs held
Houvenir,paul & Gale
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
FS · Everett, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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