Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Evergreen, a charming neighborhood nestled in the heart of Everett, Washington, within the picturesque Snohomish County. Known for its lush greenery and serene surroundings, Evergreen offers a perfect blend of suburban tranquility and urban convenience. This vibrant community is characterized by its friendly atmosphere, making it an ideal place for families, young professionals, and retirees alike.

Evergreen is not just about beautiful homes; it’s about a lifestyle. The neighborhood boasts a variety of parks, walking trails, and recreational facilities, encouraging outdoor activities and community engagement. Families will appreciate the top-rated schools in the area, ensuring quality education for children of all ages. The local shops and eateries provide a delightful shopping experience, while the nearby Everett waterfront offers stunning views and a range of dining options.

For those interested in real estate, Evergreen features a diverse selection of homes, including impressive commercial buildings over 10,000 square feet. These properties are perfect for business owners looking to establish a presence in a growing area. The architectural styles are as varied as the residents themselves, ranging from modern designs to classic charm, catering to a wide array of tastes and preferences.

Living in Evergreen means enjoying a community that values connection and quality of life. With easy access to major highways and public transportation, commuting to Seattle and other nearby cities is a breeze. Whether you’re drawn to the lush landscapes or the thriving local economy, Evergreen is a neighborhood that truly has it all. Come explore the possibilities and discover your dream home in this enchanting corner of Washington!

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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