2516 W Marine View Dr $589,950

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    2516 W Marine View Dr Everett, WA 98201

    • 0.35 Acres
    • Commercial/Industrial
    Listing# 1459087 | Active

    $589,950

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    Days On Market: 100 0 Views
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    Property Details

    Amazing location!! This commercial property includes breathtaking views overlooking the Puget Sound and Everett Navy Base. In a High Traffic Area with lots of parking. Large 2 stories, 2,725 sq ft. Net Operating income is $21,112 and Cap Rate is 4%. Current lease expires 11/30/2019. Additional 10k ft of land potentially available to the south. Dont miss this opportunity to make an investment or start your own business!

    • General Features
      • County Snohomish
      • Zoning Class Business, Commercial, Industrial, Office, Retail
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 2,725
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 2,725
      • Total Uncovered Parking 20
      • Total Covered Parking 0
    • Building Features
      • Exterior Brick
      • Floor Covering Wall-to-Wall Carpet
    • Property Features
      • Lot Square Footage 15,246
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Energy Source Electric, Natural Gas
      • Number of Available Pads 0
    • Financials
      • Free and Clear Y
      • Vacancy Rate 0
      • Total SqFt Rented 2,725
      • Total Monthly Rent $1,750
      • Gross Rent Multiplier 20
      • Cap Rate -NOI div LP 4
      • Gross Scheduled Income $27,600
      • Gross Adjusted Income $0
      • Total Expenses $6,488
      • NOI $21,112
      • Electrical Expenses $0
      • Tax Expense $4,823
      • Heating Expense $0
      • Insurance Expense $1,665
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

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    Neighborhood

    98201 (Everett) Demographics

    38Median Age
    3,803Population Density (per sq. mile)
    34%College Educated
    $46,198 Estimated Median Income
    4,855Estimated Total Home Owners
    7,776Estimated Total Renters
    38% / 62%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,437Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $367,500 Median Sales Price
    36 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $589,950
        5/18/2019 12:41:03 PM Price Increased Source New Value: $589,950 7.46%
        5/17/2019 7:12:00 PM New in Database Source New Value: $549,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.