1416 Hewitt Avenue, Everett, WA 98021
- $575,000
Listing courtesy of RE/MAX Northwest Realtors. Selling Office: RE/MAX Northwest Realtors.
- Sold Price
- $575,000
- List Price
- $599,950
- Status
- SOLD
- MLS#
- 1654261
- Closing Date
- Jun 15, 2021
- Days on Market
- 168
Property Description
Great opportunity to own a cash flowing building with a built-in tenant! This Downtown Everett location has tons of visibility and the current tenant has been very successful here. Tenant lease expires August 2021, potential to owner occupy. If you have been looking for an affordable commercial investment in a solid location, this is it!
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Additional Information
- Community
- Downtown
- Building Condition
- Good
- Style
- 75 - Retail
- Year Built
- 1926
- Roof
- Flat
- Potential Terms
- Conventional
- Driving Directions
- I-5 N to Broadway in Everett. Take exit 192 from I-5 N Take 37th St and Rucker Ave to Hewitt Ave Destination will be on right.
- Energy Source
- Electric
- Net Operating Income
- $34,693
- Gross Scheduled Income
- $42,624
- Cap Rate
- 5.3
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