Rare 2-parcel mixed-use auction offering in the heart of Everett, WA

1925 26th St 26th Street Everett, WA 98201

1925 26th St 26th Street , Everett, WA, 98201
1925 26th St 26th Street , Everett, WA, 98201 1925 26th St 26th Street , Everett, WA, 98201 1925 26th St 26th Street , Everett, WA, 98201
Auction Property
Property Type:
Flex Space
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Apr 26, 2024

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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

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Map of 1925 26th St 26th Street , Everett, WA, 98201

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