6325 Evergreen Way
Everett WA 98203

Harvey Building

6325 Evergreen Way Everett WA 98203

Listing #: 708440 | Status: Available | Last Modified: 5/5/2026 |

For Sale
Aaron Byrne
  • Phone:(425) 345-9107
  • Email:aaronpbyrne@kw.com
  • Office Name:KW Everett
  • Office Phone:(425) 212-2007
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,400,000.0
  • $/SF$ 480.0
  • $/Unit$ 2,400,000.0
  • Listing StatusAvailable
  • Days on Market84
  • Asset ClassRetail, Multi-Family
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Financial Summary
  • CAP Rate 5.44 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units5
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF11895
  • Net Rentable Area5000
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF11761
  • Acres0.27
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountySnohomish
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaMukilteo
  • Tax ID #00392900401200
  • Additional Parcels
  • ZoningMU
Construction
  • Year Built1968
  • Year Renovated1990
  • Completion Date
  • Roof Type
  • Construction TypeWood

6325 Evergreen Way

Public Comments

FEVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,400,000 ($2,090,000 main building + $310,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply can

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