Bought with: The Preview Group
$800,000
$998,000
19.8%For more information regarding the value of a property, please contact us for a free consultation.
2011 Madison ST Everett, WA 98203
0.61 Acres Lot
Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2432715
Sold Date 09/01/26
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 Corner 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
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
Listing Terms Cash
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