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Listed by Windermere Real Estate Co.
$ 1,150,000
Est. payment /mo
New
2011 Madison ST Everett, WA 98203
0.61 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2353687
Style 60 - Comm Bldg Und 10K
Year Built 1947
Annual Tax Amount $9,747
Lot Size 0.610 Acres
Lot Dimensions 221 x 203, Irregular
Property Sub-Type Commercial Industrial
Property Description
Dynamic mixed-use asset in Everett's revitalizing urban core. Interurban Crossing spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Concrete, Laminate Hardwood, Wall to Wall Carpet
Flooring Concrete, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.