Listing courtesy of KW Everett. Selling Office: Windermere Real Estate RBI.
7% CAP on this downtown Everett mixed-use investment property. Acquire a cash flow property w/B3 zoning allowing great redevelopment potential. Current tenant mix incl. 5 residential apartments on upper level, fully renovated naturopathic clinic on main level & self-storage on ally level. Tax parcel 00439166902200 (2-level parking garage) is included in sale. Puget Sound & mountains views. Neighboring parcels have redeveloped. Scheduled increases over next 12 months bring CAP to 7.5%!