3119 Oakes AveEverett, WA 98201

For Sale
$2,100,000

Three-building office complex, 100% leased, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents three adjacent office buildings totaling 3,758 square feet situated on a 10,454 square foot lot in Everett, Washington. The property, located at 3115-3119 Oakes Avenue, is zoned Urban Mixed, offering significant redevelopment potential. Currently, the complex boasts three tenants with leases providing immediate income, although the short-term nature of these leases allows for flexibility in future redevelopment plans. The buildings, constructed in 1901, 1910, and 1906 respectively, are well-maintained and currently generating $7,232 in monthly rental income. Each building offers unique characteristics: 3115 Oakes Ave (888 sq ft) is leased until November 30, 2026

Highlights

  • Three adjacent office buildings totaling 3,758 square feet on a 10,454 square foot lot in Everett, WA.
  • Located at 3115-3119 Oakes Avenue, in an Urban Mixed zoning district, offering redevelopment potential.
  • Currently generating $7,232 in monthly rental income from three tenants with short-term leases.
  • Buildings constructed in 1901, 1910, and 1906, well-maintained.
  • 3115 Oakes Ave (888 sq ft) is leased until November 30, 2026.

Property Details for 3119 Oakes Ave

Property type
Other office properties, Office properties
Square Feet
3,758 SF
Buildings
3
Stories
2

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.975884613431
Longitude
-122.20435226052
3119 Oakes Ave, Everett, Washington

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3119 Oakes Ave
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