2816 - 2820 Old Hartford Road

2816 - 2820 Old Hartford Rd Lake Stevens WA 98258

Listing #: 591631 | Status: Sold | Closing Date: 02/01/2018 | Last Modified: 2/22/2018 |

For Sale

2816 - 2820 Old Hartford Rd Lake Stevens WA 98258

Agent Information
Showing Instructions
Call Listing AgentYes
Use DiscretionYes

Laura Huntington

(425) 754-4518
lhuntington@workmanres.com

Workman Real Estate Services

(425) 754-4518

Listing Information
Price
Listing Price$ 1,950,000
$/SF$ 124.22
Listing StatusSold
Days On Market83
Asset ClassIndustrial
Search TagsDistribution, Industrial/Office, Industrial/Retail, Manufacturing, Mixed-Use, Warehouse, Yard
TermsSeller Financing
Closed Sales Only
Actual Sold Price$ 1,950,000
$/SF$ 124.22
Closing Date02/01/2018
Selling BrokerLaura Huntington
Selling OfficeWorkman Real Estate Services (1004780)
Investment Information
Investment TypeProforma
Investment PropYes
Gross Income$ 165,051
Vacancy Factor %0.00%
Operating Expenses$ 16,171
Net Operating Income$ 148,880
CAP Rate7.63 %
Detail Listing Information
Min Total SF800
Max Total SF15,698
DividableYes
EasementsYes
TopographyLevel
Total Units4
Utilities
Sanitary Sewer Available
Water City
Electricity County
Storm Sewer Available
Gas Lines Private
Industrial Asset Class Info
Grade Level Door Count2
Utilities
Gas AvailableYes
Electric StandardYes
Property Information
Building Information
Building StatusExisting
# of Buildings4
# of Floors2
# of Units4
Total Building Sq/ft15,698
Net Rentable Area15,698
Total Office Sq/ft2,036
Largest Continuous Sq/ft9,022
Lot Sq/ft64,033
Acres1.47
Property Type
Property TypeIndustrial
InvestmentYes
Location
CountySnohomish
VicinityLake Stevens
Market AreaEverett
Tax ID #29060500401300
Additional Parcels29060500401400
ZoningGi
Construction
Year Built1910
Year Renovated1999
Construction TypeConcrete, Framed, Glass

Industrial-Mixed Use

Public Comments: Zoned Industrial and improved with Warehouse/Office, Shop and two dwellings. Owner User occupies 11486 SF Warehouse/Office and is retiring this next spring. Three other buildings are leased month to month. Owner User Opportunity to control any or all of the buildings onsite. One Industrial with Office Building is 11486 SF, Second Industrial with Office Building is 2436 SF and two small homes are leased out month to month.

Public Building Comments: Property in Northeast Lake Stevens near Highway 92, Highway 9 and Highway 2. Approximately 10 miles east of Interstate 5 at Everett.

Search Tags: Distribution, Industrial/Office, Manufacturing, Mixed-Use, Warehouse,

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