Property Details

16415 48th Ave W
Edmonds, WA 98026
$7,500,000
CBA# 710768 courtesy of CBA Listing firm: Specialty Real Estate Group LLC

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16415 48th Ave W, Edmonds

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Commercial
Property Type
20,352
Bldg Sq Ft
12
Units
5.00%
Cap Rate
2008
Year Built

Property Overview

Newly available opportunity in a highly desirable Edmonds community. 12 townhomes priced well below replacement cost at $363 per finished SF, not including the 7368 SF of garages. Triplex structure provides for 8 end units. Originally built in 2008 and previously sold to the current owner, these homes are now being offered to new owners for the first time. Beautiful and spacious tri-level townhouses located in a prime Edmonds location at the corner of 48th Ave W and 164th St SW. This well-maintained contemporary home offers 1,724 SF of comfortable living space with an open floor plan designed for modern living. The large kitchen features granite countertops, quality appliances, and plenty of cabinet space, opening to bright living and dining areas highlighted by hybrid wood flooring and a

Property Details

Property Information

Property Type Commercial Sale
Status Off Market
County Snohomish
Listed Mar 30, 2026

Financial Summary

Cap Rate 5.00%

Building & Use

Building Sq Ft 20,352
Leasable Area 20,352 sqft
Total Units 12
Zoning MR
Possible Use Multi-Family
Year Built 2008

Exterior & Lot

Year Built 2008

Location

City Edmonds
County Snohomish
Coordinates 47.84980, -122.29800
Listed By
Adrian Chu
Specialty Real Estate Group LLC

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