1721 Hewitt AveEverett, WA 98201

  • Office buildings
  • 33,780 SF

Property Details for 1721 Hewitt Ave

Year built
1924
Construction
TYPE NOT SPECIFIED
Lot size
0.13 AC
Property size (Sq ft)
33,780 SF
Zone code
F4
Property type
Office buildings
APN
439166601700
APU
439166601700

Description

This exceptional 39,540 square foot executive office building, located at 1721 Hewitt Avenue in Everett, Washington, presents a unique leasing opportunity. Built in 1924, the Central Building offers 19 suites, with a range of sizes accommodating businesses of all scales. Currently, 10,029 square feet of space is available for lease, divisible into units as small as 146 square feet, or offering contiguous spaces up to 3,053 square feet. The building is zoned B3 and is conveniently located in Snohomish County, Washington, zip code 98201. Six individual spaces are currently available. The building features convenient elevator access, making it easily accessible for all tenants and their clients. This prime location in Everett offers businesses the opportunity to establish a presence in a thriving community. The building's classic architecture blends seamlessly with modern amenities, creating a sophisticated and productive work environment. Whether your business requires a small, efficient office or a larger, more expansive space, the Central Building offers flexible options to meet your specific needs. Inquire today to explore the possibilities and secure your ideal office space in this highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,326,500
    6.5%
    $9,532,180
    7%
    $8,851,310
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,268,200
    Geo Method
    $6,505,350
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $19,352,500
    Retail / Commercial
    $9,809,190
    Mixed-Use / Specialty
    $9,683,840
    Hospitality / Lodging
    $6,987,060
    Institutional / Educational
    $10,035,000
    Residential Income
    $11,740,900
    Multifamily
    $14,582,500
    Automotive / Energy
    $8,601,420
    Parking / Income-Based Land
    $3,057,540
    Restaurant / Food Service
    $4,843,760
    Healthcare / Senior Housing
    $10,023,300

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.9796
Longitude
-122.206
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,290
$342,800
$3,711,200
$4,054,000
-
$342,800
$3,711,200
$4,054,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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