2815 Baker AveEverett, WA 98201

Property Details for 2815 Baker Ave

Year built

1902

Construction

TYPE NOT SPECIFIED

Lot size

0.34 AC

Property size (Sq ft)

30,000 SF

Zone code

F6

Property type

Industrial properties

Property subtype

Other industrial properties

APN

437865800600

APU

437865800600

Description

The Baker Building, a three-story, 45,000-square-foot Class B property in Everett's CBA submarket, presents a unique investment opportunity. Built in 1905 and extensively renovated in 2018, this multi-tenant building offers a blend of executive office, flex, and warehouse space, currently housing 11 tenants. Two spaces are immediately available, ranging from 2,100 to 2,682 contiguous square feet, with a total of 4,782 square feet currently vacant. The building features desirable amenities including two dock-high doors, two drive-in bays, and 45 total parking spaces, complemented by a recently improved parking lot. Ceiling heights vary from 7 to 12 feet, catering to diverse needs. The 0.5-acre lot is zoned MU and boasts multiple loading and access points. Significant potential exists for owner-users, with 30,000 square feet of adaptable space including a basement warehouse with freight elevator, main floor warehouse space, and second-floor office space. The property's strong financial performance, generating an annual net operating income of $395,784, further enhances its appeal. Its convenient location near Interstate 5 and State Route 2, along with its proximity to various amenities and its location within an Opportunity Zone, makes this a rare and highly desirable flex property. APN: 004378-658-006-00 & 004378-659-031-00, Snohomish County.

• Alternative Use

  Use

  Valuation

  Residential

  $9,262,278

  Hospitality

  $8,484,197

  Educational

  $7,058,752

  Medical

  $7,301,514

  Retail

  $10,980,281

Location Insight

City

Everett

County

Snohomish

State

Washington

Latitude

47.9798

Longitude

-122.195

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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