821 128Th StEverett, WA 98204

Property Details for 821 128Th St

Year built

1956

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

1,176 SF

Zone code

SK

Property type

Office properties

Property subtype

Office buildings

APN

373800500301

APU

373800500301

Description

This exceptional 1,176 square foot creative office suite is located within the well-maintained Puget Park Medical Center, offering high visibility directly off 128th Street in South Everett. The space, designated as Suite A, boasts a spacious reception area perfect for welcoming clients, complemented by attractive wood panel ceilings that add a touch of sophistication. Two private offices provide ample space for individual work or confidential meetings. The open floor plan is incredibly versatile, allowing for flexible configurations to suit a variety of business needs. Abundant natural light floods the space, creating a bright and inviting atmosphere. This property is ideally suited for medical practices, therapeutic services, or any small office seeking a professional and well-located space. The building's Class C designation reflects its functional and practical design, making it an excellent value for businesses seeking a cost-effective yet appealing office environment. The multi-tenant building ensures a vibrant and collaborative atmosphere. The property is classified as both retail and office, offering potential for a variety of uses. Its prime location and attractive features make this suite an exceptional opportunity for a growing business. The space is available for lease and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $318,228

  6.5%

  $293,749

  7%

  $272,767

• Comparable approach

  Method

  Valuation

  Relative Method

  $315,361

  Geo Method

  $226,474

• Alternative Use

  Use

  Valuation

  Residential

  $364,249

  Hospitality

  $333,650

  Educational

  $277,593

  Medical

  $287,140

  Retail

  $431,812

Location Insight

City

Everett

County

Snohomish

State

Washington

Latitude

47.8823

Longitude

-122.245

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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