2011 Madison Street, Everett, WA 98203

$800,000

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Courtesy of Windermere Real Estate Co.

Selling Office: The Preview Group.

Sold Price
$800,000
List Price
$998,000
Status
SOLD
Days on Market
132
Closing Date
Sep 01, 2026
MLS#
2432715
Subtype
Commercial Sale
Style
60 - Comm Bldg Und 10K
Year Built
1947
Lot Size
26,572
Acres
0.61
Subdivision
Everett
Neighborhood
Everett
MLS Area Major
Everett/Mukilteo

Property Description

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.

Additional Information

Exterior Features
Brick, Wood
Property Description
60 - Comm Bldg Und 10K
Flooring
Concrete, Laminate, Vinyl, Carpet
Heating
Wall Furnace
Air Conditioning
Wall Unit(s)
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