Baker Avenue Building

First Western Properties is proud to offer The Baker Building—an exceptional investment opportunity situated just off Hewitt Avenue on Baker Ave in Everett, WA. This multi-tenant flex property features a strong tenant mix, including art and photography businesses, and produces an annual NOI of $395,784, equating to a 6.30% cap rate. With convenient access to I-5 and SR-2 and surrounded by local amenities, the location adds significant value. Approximately 30,000 square feet is available for owner-users, including a basement warehouse with a freight elevator, ground-level warehouse space with two dock-high doors, and second-floor office areas. The building recently underwent several capital improvements and includes multiple access points and a separate, upgraded parking lot to the west. Combining office, retail, and industrial space in an Opportunity Zone, The Baker Building is a rare, versatile asset ideal for investors and owner-users alike.