Bought with Rhino Roz Realty
$1,454,000
$1,500,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1823 37th ST Everett, WA 98201
0.29 Acres Lot
Key Details
Sold Price $1,454,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2182431
Sold Date 01/31/24
Style 60 - Comm Bldg Und 10K
Year Built 1986
Annual Tax Amount $8,777
Lot Size 0.290 Acres
Property Description
This is a fantastic fully leased medical building with two established long-term tenants and is in a prime downtown Everett location. Suites A & B are suitably located on separate floors and each clinic is independently owned with medical practices exceeding a decade. Both practitioners have leases in place through 2027 with annual increases and monthly NNN contributions. The building is in great condition, has been updated throughout the years, has ample storage, and includes an elevator. The top suite offers some beautiful mountain views. The generous lot size allows for 24 parking spaces with some covered parking at the back of the building. This commercial investment offers a 6.2% cap rate. Don't miss this unique opportunity.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Laminate, Laminate Tile, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.