Evergreen Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Evergreen, a vibrant neighborhood nestled within the picturesque city of Everett, Washington, in Snohomish County. Known for its lush green landscapes and a strong sense of community, Evergreen is the perfect blend of suburban charm and urban convenience.

As you explore this enchanting area, you’ll find a diverse array of homes, including those with a unique style that caters to both residential living and commercial opportunities. The homes in Evergreen, particularly those classified as "Comm Bldg Ovr 10K," offer expansive spaces that invite creativity and versatility. Whether you’re looking to establish a thriving business or seeking a spacious residence with room for growth, these properties provide the ideal canvas.

Evergreen is not just about homes; it’s a lifestyle. The neighborhood boasts beautiful parks, scenic walking trails, and easy access to the waterfront, making it a haven for outdoor enthusiasts. Families will appreciate the top-rated schools and community programs that foster a nurturing environment for children.

Cafés, boutiques, and local eateries dot the landscape, offering a taste of the local flavor and a sense of belonging. With its close-knit community feel and the convenience of urban amenities, Evergreen is a place where you can truly thrive.

Whether you're considering a move or looking to invest, Evergreen is a neighborhood that promises not just a home, but a vibrant lifestyle. Come discover the charm of Evergreen, where your next chapter awaits!

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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