2011 Madison Street Everett, WA $ 998,000
2011 Madison Street
$ 998,000
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2011 Madison Street

Everett, WA, 98203
$ 998,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,226

Listed by Windermere Real Estate Co.
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Commercial Property for sale in Everett, WA

for $998,000. This building was built in 1947 on a lot size of 0.61.

Dynamic mixed-use asset in Everett’s revitalizing urban core. Interurban Corner spans a 26,572 SF corner lot with alley access, 20+ parking spaces, and a 7,629 SF structure leased to stable local tenants—3 storefronts, 3 apartments, and 3 flex spaces. Current gross rent over $64K; pro forma $144K+ with light upgrades. Just 26.3% lot coverage—NB zoning + Opportunity Zone offer phased development potential. Steps from the Interurban Trail, future light rail, and new stadium district. A walkable, well-connected location with built-in income and big upside.

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Commercial Pending

Price

$ 998,000

Property Type

Commercial

Taxes

$ 9,747

Style

Comm Bldg Und 10K

Lot Size

0.61

Year Built

1947

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2432715

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Wall Unit(s)
Possession Closing See Remarks Subject to Tenant Rights
HOA Fee 0
Year Built 1947
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Snohomish
Net Operating Income 40359
Insurance Expense 6623
Property Type Commercial Sale
HOA N
Subdivision Name Everett
Possible Use Multi-Family Residential Retail See Remarks
Building Features Storage
Special Listing Conditions None
Status Pending Feasibility
Directions use maps
City Everett
Senior Community Y/N N
Zoning Description Multi-Family Residential Retail See Remarks
MLS Area 740 - Everett/Mukilteo
Lot Size Units Square Feet
Lot Size Square Feet 26572
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 9747
Electric Expense 1040
Fuel Expense 0
Public Remarks Dynamic mixed-use asset in Everetts revitalizing urban core. Interurban Corner spans a 26 572 SF corner lot with alley access 20+ parking spaces and a 7 629 SF structure leased to stable local tenant
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Pending
Water Company Everett Public Works
Total Actual Rent 5350
Water Sewer Garbage 1086
Property Style 60 - Comm Bldg Und 10K
Cap Rate 4
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Exterior
Exterior Amenities Brick Wood
Water Source Public
Total Parking 20
Building Area Total 0
Lot Dimensions 221 x 203 Irregular
Lot Size Acres 0.61
Irrigation Water Rights Y/N N
Site Frontage 221
Parking Uncovered Total 20
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Interior
Flooring Concrete Laminate Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2432715
Street Number 1 2011
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* Excluded Features
List By
Edward Krigsman

Listing Agent

Windermere Real Estate Co.

Broker

Affordability Calculator

$7,038
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,226
Monthly Property Taxes
$812
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$998,000 Listed Price

Map


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2011 Madison Street, Everett, WA, 98203 is a Commercial Property for sale at $998,000 with a lot size of 0.61. 2011 Madison Street was built in 1947. The property's zip code is 98203 which is in Everett, WA