2011 Madison Street

Multi-Family: Mixed Use

2011 Madison St, EverettWA 98203

Property Details

Location

Address
2011 Madison St, EverettWA 98203
County
Snohomish
Submarket
CBA Mukilteo
Parcels
00544700501300
Cross Street
Commercial Ave

Building Size

Building Size
7,638 SF
Retail Space
2,442 SF
Industrial Space
2,784 SF
Residential Space
2,413 SF
Rentable Space
7,638 SF

Building Details

Type
 Multi-Family: Mixed Use
Number of Buildings
1
Number of Units
8
Occupancy Type
Multi-tenant
Number of Tenants
5
Percent Occupied
100%
Building Class
C
Building Status
Existing
Floors
2
Elevators
Not present
Year Built
1947
Sprinklers
No
Primary Const.
Framed
Parking Ratio
Heated
Yes

Land & Utilities

Land (Acres)
0.61 Acres
Land (SF)
26,572 SF
Topography Desc.
Flat
Electricity
Yes, Municipal Utility District
Natural Gas
Yes, Private
Sanitary Sewer
Yes, City
Water
Yes, City
Rail Service
No
Zoning
NB
Lot Depth
Lot Width
Stand. Electric
Yes

Contacts

Current Listings

Value-add Mixed Use Building with Excess Land

7,638 SF$1,850,000
Cap Rate: 5.51%

Classic value add mixed use opportunity with excess land. All leases are under market and short term. Renovate the building and bring cash flow up to market, and/or build on the excess land, or redevelop the entire site. Interior tours only after a mutually agreed upon PSA.

Classic value add mixed use opportunity with excess land. All leases are under market and short term. Renovate the building and bring cash flow up to market, and/or build on the excess land, or redevelop the entire site. Interior tours only after a mutually agreed upon PSA.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Paul Jacobson

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