Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington, within the picturesque Snohomish County. Known for its lush greenery and welcoming community spirit, Evergreen is a hidden gem that offers a perfect blend of suburban tranquility and urban convenience.

As you stroll through the tree-lined streets, you’ll discover a diverse array of homes, including the impressive 61 - Comm Bldg Ovr 10K style properties that characterize this area. These spacious buildings are not only ideal for residential living but also present unique opportunities for commercial ventures, making them perfect for entrepreneurs and business owners seeking a prime location. With their modern designs and ample square footage, these homes provide the flexibility to create the perfect living or working environment.

Evergreen is not just about beautiful homes; it’s a neighborhood that thrives on community engagement. Residents enjoy easy access to local parks, recreational facilities, and a variety of shopping and dining options. The nearby Evergreen Arboretum and Gardens offers a serene escape with its stunning landscapes and walking trails, perfect for family outings or peaceful strolls.

Families will appreciate the excellent schools in the area, ensuring that children receive a quality education. The neighborhood's strategic location also provides convenient access to major highways, making commutes to Seattle and beyond a breeze.

Whether you’re looking to settle down in a charming home or explore commercial opportunities, Evergreen is the perfect place to call home. Come and experience the warmth and vibrancy of this exceptional community!

Newest Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

$2,300,000
2475831 MLS ACTIVE Status
PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 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 cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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