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

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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.

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

Price $999,000
Price Per SF $598.20
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • Showroom
Building Class B
Lot Size 0.33 AC
Rentable Building Area 1,670 SF
No. Stories 1
Year Built 1961
Tenancy Single
Parking Ratio 1.8/1,000 SF
No. Drive In / Grade-Level Doors 1
Zoning BC - Zoned BC. Upzone to BC-EW for mixed use retail & multi-family or RM-1.5 for multi-family for highest & best use.

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

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
  • Listing ID: 33933515

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 23631 Edmonds Way, Edmonds, WA 98026

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