Bought with 1K Realty
$620,000
$665,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
11608 Airport RD Everett, WA 98204
9,583 Sqft Lot
Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2260187
Sold Date 07/25/25
Style 75 - Retail
Year Built 1978
Lot Size 9,583 Sqft
Property Sub-Type Commercial Industrial
Property Description
Motivated Seller! BRING ALL REASONABLE OFFERS! Prime commercial site on Airport Road, just off Highway 99, near Boeing and the new Snohomish County National Airport. The property includes over 12 parking spots and features a 1,828-square-foot building, on a long term lease to Airport Massage under a triple net lease! The building, constructed in 1978, sits on a 9,583-square-foot parcel. The monthly rent is $5,200 for the next five years generating an annual gross and net income of $62,400, yielding a 9.4% CAP Rate! Don't Miss Out On This Awesome Investment Opportunity!
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Fireplace false
Building
Sewer Sewer Connected
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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