LISTING DETAILS

Harvey Building

6325 Evergreen Way Everett WA 98203

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

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Retail Asset Class Info
Crane Tonnage	0

Financial Summary
CAP Rate	5.440

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	2
# of Units	5
# of Elevators	0
Total Building SF	11,895 SF
Net Rentable Area	5,000 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	11,761 SF
Acres	0.27
Year Built	1968
Year Renovated	1990
Construction Type	Wood

Property Type
Property Type	Retail

Location
County	Snohomish
Market Area	Mukilteo
Tax ID #	00392900401200
Zoning	MU

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

Harvey Building
6325 Evergreen Way Everett WA 98203

Listing #: 708440 | Status: Available | Listing Date: 2/10/2026 | Last Modified: 5/5/2026 | Email Listing

For Sale

Harvey Building

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