118 Se Everett Mall Way, Everett, 98204

Commercial Sale - Commercial Industrial For Sale in Everett Mall


MLS® #: 1878273
Pending, 183 Days on Market

ABSOLUTE NET LEASE, Sale-Leaseback Opportunity w/6% Cap Rate. Year 1 NOI of $126K annually + 2% annual increases. Tenant pays 100% of property expenses directly. Fully renovated in 2021, this building has been transformed into a modern, professional office space providing open workspaces for collaboration. Two private offices, one large conference room, and a large presentation room featuring a wall-to-wall sliding glass door system. Two bathrooms, a full kitchen, and utility room complete the space. Sale includes two adjoining parcels to the south, one fully fenced for secure storage & parking. Zoned C-1 general commercial provides redevelopment ability in the future, or retain the office & develop the two remaining lots.

Listing Office: KW Everett.

Price & Status History

Date Details
Status Changed from Pending Feasibility to Pending
Status Changed from Active to Pending Feasibility

Essential Information

MLS® #: 1878273
Price: $2,100,000
Bathrooms: 0.00
Acres: 1.07
Year Built: 1982
Type: Commercial Sale
Sub-Type: Commercial Industrial
Status: Pending

Community Information

Address: 118 Se Everett Mall Way
Area: 740 - Everett/Mukilteo
Subdivision: Everett Mall
City: Everett
County: Snohomish
State: WA
Zip Code: 98204


Interior Features: Forced Air


Exterior Features: Brick, See Remarks, Wood, Wood Products
Foundation: Concrete Ribbon, Poured Concrete

Additional Information

Days on Market: 183
Cumulative Days on Market: 183

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Listing information last updated on August 7th, 2022 at 10:28pm CDT.