2011 Madison StEverett, WA 98203

This exceptional investment opportunity presents a two-story mixed-use building situated on a 0.61-acre corner lot at 2011 Madison Street in Everett, WA. The property boasts 26,752 square feet of space zoned Neighborhood Business (NB), offering significant flexibility for redevelopment or continued operation as a multi-use asset. Currently, the building comprises three one-bedroom apartments and three street-front commercial spaces on the upper and main levels respectively, along with three additional flexible-use spaces on the main level. This presents a savvy investor with multiple avenues for value creation, including potential for townhome development, additional apartment units, or owner-user occupancy. The property's location offers excellent access to amenities and commutes, reflecting the neighborhood's character. The City of Everett is projected to be Washington state's fastest-growing large city within the next decade, further enhancing the long-term investment potential. This property, available for the first time in 45 years, is being sold in "as-is" condition, presenting a unique chance to capitalize on immediate equity and significant upside potential. The substantial lot size and flexible zoning provide a blank slate for a variety of development strategies.