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23631 Edmonds Way 1,670 SF Industrial Building Edmonds, WA 98026 $999,000 ($598.20/SF)



Investment Highlights
- Close to major transit - I-5, LightRail, Hwy 99, Hwy 104
- Easy to retrofit existing 1,670 finished sq ft bldg for use
- Level lot
Executive Summary
Rare opportunity to own a business/commercial building or development site in the highly sought after City of Edmonds, located on SR 104/Edmonds Way. Property features easy access to I-5, Hwy 99/Aurora, downtown Edmonds, Edmonds/Kingston ferry, mass transit, new LightRail, shopping, & more. Zoned BC, there are many opportunities including up-zoning to BC-EW for mixed use retail & multi-family or RM-1.5 for multi-family and single family development for up to 9+ units on this level site. Occupy or rent out the existing 1,670 finished sq ft bldg w/ADA entry, high ceilings, multiple offices, kitchenette, bath, retail & storage space, and garage until you are ready to develop. 3 owned surface parking spaces, deep load/unload zone in front of high clearance garage, and commercial parking available on side and in back of property for multiple large or high clearance vehicles/trucks. Great opportunity for owner/occupier or to develop.
Please book showing appt via ShowingTime in the NWMLS. Supra keybox on for access, if needed contractor box can be arranged, call 206-240-5193 for code.
Please book showing appt via ShowingTime in the NWMLS. Supra keybox on for access, if needed contractor box can be arranged, call 206-240-5193 for code.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Amenities
- 24 Hour Access
- Courtyard
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 004633-003-003-00 | Total Assessment | $719,000 (2025) |
| Land Assessment | $573,900 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $145,100 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
004633-003-003-00
Land Assessment
$573,900 (2025)
Improvements Assessment
$145,100 (2025)
Total Assessment
$719,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
Lake & Company Real Estate
23631 Edmonds Way
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