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3228-3220 McDougall Ave
Everett, WA 98201 Port Gardner

$6,950,000 USD

Manufacturing For Sale  •  43,334 SF

Property Details

• Property Type Manufacturing
• Total Building Size 43,334 SF
• Lot Size 1.1 AC
• Building Class C
• Year Built 1955
• Cap Rate 6.29 %
• Tenancy Multiple
• Zoning MU

59 Transit Score

84 Walk Score

Highlights

Owner-User or Value-Add Opportunity

Highly Flexible Mixed Urban (MU) Zoning

Attractive Basis with Immediate Cash Flow and Near-Term Upside

Exceptionally Located with Immediate I-5 Access

Strong, Affluent Demographics

Washington State – No Personal Income Tax

Property Flyers

MJM Building OM Compressed

Financial Summary (Actual)

Net Operating Income: $437,330 USD (2027)

Cap Rate:

6.29 %

Major Tenants

Tenant	SF Occupied	Lease End Date
JMC Cabinets & Interiors, Inc.
W W Wells Millwork

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	3 min	5 min	0.2 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	14 min	-	8.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes