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1316 Wall St, 3006 Rucker, & Parking Lot 2 Properties Offered at $5,300,000 in Everett, WA
Investment Highlights
- MU25 zoning supports development height up to 25 stories with broad mixed-use flexibility.
- Income in place from existing buildings and parking while redevelopment plans advance.
- Exceptional assemblage value with significant redevelopment upside under Everett’s urban renewal plan.
- Combined footprint of approximately 23,087 SF across five parcels in Everett’s upzoned downtown.
- Prominent corner location at Wall Street and Rucker Avenue with contiguous street frontage.
Executive Summary
This offering presents a rare opportunity to acquire an MU25-zoned redevelopment assemblage within Everett’s revitalized downtown core. The portfolio encompasses two corner buildings and three contiguous parking parcels totaling approximately 0.53 acres. Situated at the prominent intersection of Wall Street and Rucker Avenue, the site benefits from strong visibility and existing income from tenants and parking operations, creating favorable holding potential during entitlement planning.
Everett’s 2044 Comprehensive Plan and recent MU25 zoning designation encourage transformative vertical development, unlocking potential for towers up to 25 stories. Mixed-use flexibility allows for multifamily residential, retail, dining, office, or medical integration within a single project. With a combined land footprint of approximately 23,087 square feet, this assemblage delivers both scale and optionality for institutional-grade projects.
Proximity to Everett’s central business district, future transit improvements, and a growing housing and employment base further positions this site as a key player in the city’s long-term growth trajectory.
NOTE: Not an investment sale. All leases are MTM. Excluding Port Gardner Bay Winery through 06/2028
Everett’s 2044 Comprehensive Plan and recent MU25 zoning designation encourage transformative vertical development, unlocking potential for towers up to 25 stories. Mixed-use flexibility allows for multifamily residential, retail, dining, office, or medical integration within a single project. With a combined land footprint of approximately 23,087 square feet, this assemblage delivers both scale and optionality for institutional-grade projects.
Proximity to Everett’s central business district, future transit improvements, and a growing housing and employment base further positions this site as a key player in the city’s long-term growth trajectory.
NOTE: Not an investment sale. All leases are MTM. Excluding Port Gardner Bay Winery through 06/2028
Property Facts
| Price | $5,300,000 | Number of Properties | 2 |
| Price / SF | $321.39 / SF | Individually For Sale | 0 |
| Sale Type | Owner User | Total Building Size | 16,491 SF |
| Status | Active | Total Land Area | 0.53 AC |
| Price | $5,300,000 |
| Price / SF | $321.39 / SF |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,491 SF |
| Total Land Area | 0.53 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
3006 Rucker Ave
1316 Wall St, Everett, WA 98201 |
Land | 0.33 AC | - | - |
| 1316 Wall St, Everett, WA 98201 | Office | 16,491 SF | 1927 | - |
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1316 Wall St, 3006 Rucker, & Parking Lot
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