Property Details
3200 Rucker Avenue
Everett, WA 98201
$1,499,999
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Property Overview
Positioned in one of the most desirable and rapidly evolving areas of Downtown Everett, this 17,860 square foot property offers investors and developers a rare opportunity to acquire a well-located asset with immediate income and significant long-term upside. Currently occupied by an established auto dealership, the site includes a 1,325 square foot shop building and benefits from strong corner street presence, excellent visibility, and convenient access to major transportation corridors. The property’s lot size and strategic downtown location create compelling potential for future redevelopment, making it attractive for investors seeking to capitalize on Everett’s continued urban growth and revitalization. Surrounded by a dynamic mix of retail, residential, and commercial activity, the site is ideally positioned to support a variety of future uses, including residential, retail & dining, and office development. With an in-place tenant providing current functionality and income potential, this offering presents both stability and flexibility for buyers looking to hold as an investment or reposition the property for future value creation. Opportunities to secure well-located development sites in Downtown Everett are increasingly limited—making this a standout prospect for forward-thinking investors.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Snohomish
Neighborhood
Everett
Listed
Mar 6, 2026
Original Price
$1,575,000
Structure Type
Retail
Parcel Number
00437577002700
Tax & HOA
Annual Property Tax
$9,181 (2025)
Est. Monthly Tax
$765/mo
Financial Summary
Net Operating Income
$45,998
Gross Scheduled Income
$57,288
Gross Rent Multiplier
27.49
Total Expenses
$11,290
Total Actual Rent
$4,774/mo
Monthly NNN
$670/mo
Building & Use
Building Sq Ft
1,325
Total Units
1
Sq Ft Rented
1,325
Zoning
Business,Commercial,Residential,Retail,See Remarks
Possible Use
Business, Commercial, Residential, Retail, See Remarks
Lot Size
17,860 sqft
Year Built
1999
Exterior & Lot
Lot Size
0.41 sqft
Year Built
1999
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood, Wood Products
Community & Access
Directions
At the corner of 32nd St & Rucker Ave
Location
City
Everett
County
Snohomish
Coordinates
47.97483, -122.21176
Additional Information
Tax Year
2025
Annual Taxes
$9,181
Possession
Array
