Springer Real Estate presents 1520 / 1530 E Marine View Drive, a 118-unit self-storage facility in Everett, WA. Four gated, professionally managed metal structures totaling 11,375 SF sit on 45,738 SF of UR4 multifamily-zoned land, currently 70% occupied in active lease-up as of May 2026.
The offering pairs near-term income upside from completing lease-up with long-term land value, including roughly 17,860 SF of undeveloped, multifamily-permitted area. Stabilized in-place rents support projected NOI near $96,500.
Minutes from Everett's waterfront, I-5 and SR-529, in a dense North Everett trade area near the Port of Everett.
Highlights:
- 118 units, 70% occupied and climbing toward stabilization
- 45,738 SF of UR4 land with redevelopment optionality
- 2021 environmental report, no evidence of REC
- Direct access to I-5, SR-529 and downtown Everett
Offered at $2,500,000.