1316 Wall St, 3006 Rucker, & Parking Lot FOR SALE


Everett, WA - Port Gardner
$5,300,000 USD
206-605-3568
, Everett, WA for Sale
$5,300,000 USD
FOR SALE
1/17
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1316 Wall St, 3006 Rucker, & Parking Lot
Everett, WA
Port Gardner


HIGHLIGHTS

  • MU25 zoning supports development height up to 25 stories with broad mixed-use flexibility.
  • Combined footprint of approximately 23,087 SF across five parcels in Everett’s upzoned downtown.
  • Income in place from existing buildings and parking while redevelopment plans advance.
  • Prominent corner location at Wall Street and Rucker Avenue with contiguous street frontage.
  • Exceptional assemblage value with significant redevelopment upside under Everett’s urban renewal plan.

OVERVIEW

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

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James BetzerRealogics Sotheby's International RealtyMore Info
206-605-3568

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James BetzerRealogics Sotheby's International RealtyMore Info
206-605-3568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.