1925 26th Street, Everett, WA

Office for Sale - 12,792 Sq. Ft. on 40 acres


Agent Info

Williams & Williams
Williams & Williams Auctioneers

Property Info

CIMLS#1158671
Location
  1925 26th Street
  Everett WA 98201
UpdatedApril 26th, 2024
TypeOffice
PriceUpon Request
Building12,792 Sq. Ft.
Land40 acres

Property Description

Rare 2-parcel mixed-use auction offering in the heart of Everett, WA near the Central Business District, sitting on a combined 0.40+/-ac. Excellent opportunity for possible redevelopment, adaptive reuse, or continued operation by an owner user or investor.

Parcel 1: (1925 26th St, aka 2530 Lombard Ave) - 12,792+/-sf structure currently purposed for commercial/residential use, with two (2) vacant apartment units located on the upper level. Built in 1950 on 0.28+/-ac.

Parcel 2: (2524 Lombard Ave) - 2 story fully-leased residential duplex built in 1915/1960 on 0.12+/-ac. Consists of two (2) 1BR / 1BA apartment units, both on MTM leases at below-market rates with substantial upside.

Auction Starts: 10:00 AM EDT Monday, May 27, 2024

Auction Ends: 2:00 PM EDT Wednesday, May 29, 2024

Bid online at auctionnetwork.com

Open to the Public: 11-2PM Friday May 17th; Please note the residential property is occupied and occupants are not to be disturbed for any reason.

Nominal Opening Bid: $850,000

Buyer’s premium may apply

WA Broker: Williams-Williams Marketing Services, Inc., Lic. No. 18545

Philip R. Heiliger, Lic. No. 24486.

Auctioneer: Scott Musser, Lic. No. 2175.

Williamsauction.com

800-801-8003


Financials