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POTENTIAL 46 TOWNHOUSE + MIXED-USE DEVELOPMENT OPPORTUNITY
MULTIPLE PARCELS ON 20TH ST NE LAKE STEVENS, WA
GABE GRAUMANNP// 425.870.9004Gabe.JoePlatz.com
1000 SE Everett Mall Way, Suite 201Everett WA, 98208
WWW.JOEPLATZ.COMP// 206.686.9345
TABLE OF CONTENTS
2//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
SUBJECT PROPERTY
PROPERTY SUMMARY
SITE OVERVIEW
MARKET OVERVIEW
DEMOGRAPHICS
PAGE 3
PAGE 4
PAGE 7
PAGE 8
PROPERTY OVERVIEW
3//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
Price: $4,400,000
Land Area: 85,806 +/- SF
Zoning: Mixed-Use (MU)
Potential 46 Townhouses + Mixed-Use Retail/Office Pad in downtown Lake Stevens. Three parcel assemblage opportunity with initial site plan completed for multiple row townhouses, retail/office pad, all with lake and mountain view potential. No known critical areas, multiple access points, and partially cleared lot make this a truly unique development opportunity in the heart of downtown Lake Stevens. Walk to downtown, boat launch, park, restaurants, schools, and shopping. All parcels currently zoned Mixed-Use (MU). Multiple development opportunities exist including proposed design. All offers welcome.
SITE OVERVIEW
4//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
Property Photos
SITE OVERVIEW - PROPERTY MAP
5//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
LAKE STEVENS
SENIOR HIGH SCHOOL
MT PILCHUCK
ELEMENTARY
SCHOOLLAKE STEVENS
COMMUNITY FOOD BANK
LAKE STEVENS
CITY HALL
LAKE STEVENS
LIBRARY
LAKE STEVENS
FAMILY CENTER
MAIN STREET
CENTER
US POST OFFICE
LAKE MALL
SHOPPING CENTER
NORTH LAKE SCHOOL
NORTH LAKE
MIDDLE SCHOOL
LAKE STEVENS
SCHOOL DISTRCIT
SITE OVERVIEW - PROPERTY MAP
6//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
SUBJECT PROPERTY
MARKET OVERVIEW
7//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
About Lake Stevens
LAKE STEVENS is a city in Snohomish County, Washington, United States named after the lake that it is built around. It is southeast of Marysville, north of the city of Snohomish, and east of Everett. The population was 31,679 as of 2016 according to United States Census Bureau estimates, with much of the growth due to annexation.
MAJOR EMPLOYERS
Lake Stevens School DistrictCobalt EnterprisesSafewayHaggenTarget
DRIVE TIMES
Everett:15 minutesBellevue: 60 minutesSeattle: 60 minutesSkiing: 60 minutesBoating: 1 minute
POPULATION: 31,679 MEDIAN HOUSEHOLD INCOME: $76,657
MEDIAN AGE: 33
Sources: https://www.economicalliancesc.org/lake-stevens/
DEMOGRAPHICS
8//12107 20TH ST NE LAKE STEVENS
THE PLATZ GROUP- COMMERCIAL
Snohomish County
3.8%UNEMPLOYMENT RATE:
20,750
283,500
BUSINESSES
WORKERS
RETAIL SALES
+7.7%
20%MANUFACTURING JOBS
$80,579MEDIAN HOUSEHOLD INCOME
2017 POPULATION 789,400
HOME OWNERSHIP RATE 66.1%
SINGLE FAMILY DETACHED HOUSING 64.5%
MEDIAN HOME VALUE $416,000
MEDIAN HOUSEHOLD INCOME $416,000
TOTAL EMPLOYED 401,200
1000 SE Everett Mall Way, Suite 201, Everett WA, 98208
[email protected] // 425.870.9004O // 206.257.7153
Often those in the real estate industry come from backgrounds which provide a good foundation for sales, management, construction or finance. But it is rare to find someone whose resume includes all of those professions. Gabe Graumann is a stellar example of an agent who has a rich career history.
In 2003 Gabe joined the family commercial development and property management company, Connwill Inc. Specializing initially in the property management side of the business, Gabe learned not only how to maintain buildings but also how to wisely invest to gain the greatest possible return. Within two years he added brokerage services to his skill set, and was responsible for the asset management of an impressive half million square foot portfolio of commercial retail, office, Industrial and self-storage properties in the greater Puget Sound Region. Since then Gabe has broadened his reach to include residential and multi-family developments, brokering more than $100 million in real estate transactions. As property manager, managing broker and senior asset manager, Gabe has extensive portfolio management experience representing both landlords and tenants.Gabe’s passions extend beyond office walls. He loves spending active time with his wife, Joleen, and their four children, Bella, Judah, Tucker and Kaitlyn where you will often find them camping, hiking or skiing at one of the many mountains, trails or national parks around of the beautiful Northwest.
Gabriel GraumannManaging Broker - The Platz Group - KW Commercial
