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JRJeff ReynoldsCompass · Seattle

Listed by Richard C. Buchanan, KW Greater Seattle

Commercial Industrial
Type
1999
Year built
17,860 sq ft
Lot
129
Days on market

About this property

Positioned in one of the most desirable and rapidly evolving areas of Downtown Everett, this 17,860 square foot property offers investors and developers a rare opportunity to acquire a well-located asset with immediate income and significant long-term upside. Currently occupied by an established auto dealership, the site includes a 1,325 square foot shop building and benefits from strong corner street presence, excellent visibility, and convenient access to major transportation corridors. The property’s lot size and strategic downtown location create compelling potential for future redevelopment, making it attractive for investors seeking to capitalize on Everett’s continued urban growth and revitalization. Surrounded by a dynamic mix of retail, residential, and commercial activity, the site is ideally positioned to support a variety of future uses, including residential, retail & dining, and office development. With an in-place tenant providing current functionality and income potential, this offering presents both stability and flexibility for buyers looking to hold as an investment or reposition the property for future value creation. Opportunities to secure well-located development sites in Downtown Everett are increasingly limited—making this a standout prospect for forward-thinking investors.

Location & commute

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Directions

Property details

Listing details

Listing number
#2487277
Listed
March 6, 2026
Days on market
129
Original list price
$1,575,000

Parking

Covered spaces
2
Total spaces
55

Construction

Year built
1999
Style
75 - Retail
Structure
Retail
Roof
Torch Down

Heating & cooling

Heating
Baseboard
Energy source
Electric

Flooring

Flooring
Carpet

Lot

Lot size
17,860 sq ft

Terms

Terms offered
Cash

Utilities

Water
Public
Sewer
Sewer Connected

What stands out to you?

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  • Retail
  • Torch Down
  • Baseboard
  • Electric
  • Carpet
  • Cash
  • Public
  • Sewer Connected

Listing history

  1. Listed

    $1,575,000

    March 6, 2026

  2. Current price

    $1,499,999

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,735

Principal & interest
$7,585
Property tax (est.)
$1,150

Assumes $300,000 down (20%), a $1,199,999 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.