Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Evergreen, a vibrant neighborhood nestled in the heart of Everett, Washington, where the lush greenery and stunning natural beauty create a serene backdrop for your dream home. Known for its friendly community and picturesque landscapes, Evergreen offers a unique blend of suburban charm and urban convenience, making it a perfect place for families, professionals, and retirees alike.

As you explore this enchanting area, you'll find a diverse selection of homes, including the impressive Commercial Buildings Over 10K Style properties. These expansive residences are not only ideal for comfortable living but also provide ample space for creative endeavors or business opportunities. With modern designs and spacious layouts, these homes cater to those who appreciate both functionality and style.

Evergreen is also home to an array of amenities that enhance the quality of life for its residents. Enjoy leisurely strolls in the nearby parks, where children can play and families can gather for picnics. The neighborhood boasts excellent schools, making it a sought-after destination for families. Additionally, you'll find a variety of shopping, dining, and entertainment options just a short drive away, ensuring that everything you need is within reach.

With its welcoming atmosphere and stunning surroundings, Evergreen is more than just a place to live; it’s a community where memories are made and cherished. Discover your perfect home in this delightful neighborhood and experience the beauty and warmth that Evergreen has to offer!

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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