Bought with Paragon Real Estate Advisors
$2,025,000
$1,875,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
315 E Casino RD Everett, WA 98208
0.56 Acres Lot
Key Details
Sold Price $2,025,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Casino
MLS Listing ID 1823832
Sold Date 11/15/21
Style 75 - Retail
Year Built 1984
Annual Tax Amount $19,026
Lot Size 0.560 Acres
Property Description
This diversified five tenant retail center is located at the high visibility on-ramp to Highway 526 and Evergreen Way in Everett WA. This property’s current rents are very attractive for the market area allowing significant upside as spaces turn. At a current cap rate of 5.27%, $242 sq.ft. and $76/sq.ft. for land this opportunity won’t last long.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Fireplace No
Exterior
Exterior Feature Brick
Utilities Available Sewer Connected
Roof Type Flat
Building
Sewer Sewer Connected
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157