For Lease: The Baker Building

First Western Properties is pleased to present The Baker Building, located along Baker Ave just off Hewitt Ave in Everett, WA, is a prime investment opportunity.​ This multi-tenant property offers easy access to Interstate 5 and State Route 2 and is surrounded by various amenities.​ With 11 tenants including art and photography companies, the building generates an annual NOI of $395,784, representing a 6.30% cap rate.​ Additionally, there’s 30,000 square feet of potential space available for owner-users, including a basement warehouse with a freight elevator, warehouse space on the main floor with two dock-high roll-ups, and second-floor office space.​ Recent capital improvements have enhanced the property’s value, and its multiple loading and access points, including a separate parking lot, make it a rare and desirable find.​ The Baker Building, a rare flex property offering an Owner/User opportunity.​ The building consists of office, retail and warehouse space which houses a mix of tenants.​ Multiple capital improvements recently completed.​ Located close to main arterials and within an Opportunity Zone.​ Sale includes a recently improved parking lot to the west.​