$3.3 Million Asking Price For YMCA Properties In Downtown Everett

This afternoon we received the real estate offering for the two properties now for sale by the YMCA of Snohomish County in downtown Everett, Washington. Here it is in case you’d like to pick up some prime downtown property:

YMCA

The YMCA properties are in red. Courtesy Century Pacific

Exceptionally well-located development assemblage comprised of two separate sites totaling 1.25-acres in the core of downtown Everett. The Everett YMCA, at the corner of California and Rockefeller, consists of three contiguous buildings totaling ±108,000 SF of gymnasiums, weight training areas, racquetball courts, a child care center, a teen center, two swimming pools, and the Snohomish County YMCA administrative offices. The Everett YMCA buildings are situated on a single parcel of approximately 0.69-acres. Across the street, at the northeast corner of Everett Avenue and Rockefeller Avenue, is a pre-assembled 0.56-acre development site currently used by the YMCA as parking.

A good-sized website has been developed to describe the downtown Everett area and the opportunity the brokers say this deal presents. Here’s an excerpt:

Acquiring the downtown Everett YMCA Properties is an important opportunity to enter the downtown Everett market at a critical juncture. The newfound energy and alignment of city government and the community, the scarce opportunity to assemble meaningful developable land with zoned density, and the excellent location within the downtown core (access, transportation, views) provide a sound foundation for a valuable investment in downtown Everett.

Here’s the link to the full website.

A new Everett YMCA is currently under construction in the 4700 block of Colby Avenue in central Everett. That facility is expected to open in the fall of 2019.

Michael Finch from Century Pacific and Brian Stuchell from Eclipse Real Estate Group are the brokers for the sale. Here’s how to contact them.

Michael E. Finch | CenturyPacific

michaelfinch@centurypacificlp.com 
206.757.8895 direct

Brian Stuchell | Eclipse Real Estate Group

bstuchell@eclipsegrp.net
425.320.1076 direct



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