$1,498,050
Broadway Corner
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 670972
1906 Broadway Ave
Everett, WA 98201

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Commercial Property

Marketing Description:

WISE INVESTOR ALERT: Multifamily Tax Exempt Area (MFTE) allows for exemptions from ad valorem property taxation for 8, 12, and up to 20 years with the possibility of extensions, resulting in significant cost savings for the investor. The MU Zoning suggests significant development potential allowing for buildings of 4 to 6 stories. The approach of the light rail extension can enhance the value of the property appealing to potential tenants prioritizing easy access to transit options.

Land Features:

  • Lot Size: 9148 SqFt
  • Lot Acreage: 0.21 Acres
  • Zoning: MU

Building Features:

  • Building Size: 4500 SqFt
  • Available Space: 4500 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Construction: Wood
  • Year Built: 1910
This Listing Supplied Courtesy of Windermere - Shoreline
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity