Presented by: John L. Scott Snohomish and NWMLS
Property Description
Prime mixed-use MU7-zoned property (development opportunity!) in vibrant downtown Everett. Street level features two 2,126 SF commercial units: Kate’s Greek & American (business included in sale) and a long-term dental office tenant. Upstairs, two spacious 1,562 SF apartments (2 bed/1 bath & 2 bed/2 bath) offer private rooftop decks with Possession Sound views and elevator access. The 3,200 SF basement includes 6 covered parking stalls (4 used by apartment tenants), storage, and coin-op laundry for apts. Outside, 22 parking spaces- most with leases, plus street parking. Ask your agent for the full brochure with all details, current and projected financials. Don't miss this opportunity to be part of bustling, downtown Everett!
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
General
Building Area Units0 sqft
Building FeaturesElevator, Storage
Cap Rate4
Carport Y/NNo
CityEverett
CoolingOther See Remarks
CountySnohomish
DirectionsRight on Colby in downtown Everett!
Electric Expense1344
Fuel Expense0
HOANo
HOA Fee$0
HeatingBaseboard, Forced Air
Insurance Expense11768.99
Listing TermsCash Out, Conventional
Living Area0 sqft
Lot Size Square Feet10,890 sqft
Lot Size UnitsSquare Feet
MLS Area740 - Everett/Mukilteo
NWM_ShowMapLinkY
Net Operating Income81307
Number Of Units Total5
PossessionClosing, Negotiable
Possible UseOffice, See Remarks
Property Style61 - Comm Bldg Ovr 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksPrime mixed-use MU7-zoned property (development opportunity!) in vibrant downtown Everett. Street level features two 2, 126 SF commercial units: Kates Greek & American (business included in sale) and
RoofBuilt-Up
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameDowntown
Tax Annual Amount$8,979
Tax Year2025
TopographyLevel
Total Actual Rent8685
Virtual TourClick here
Water CompanyCity of Everett
Water Sewer Garbage0
Year Built1963
Zoning DescriptionOffice, See Remarks
Exterior
Building Area Total0 sqft
Covered Spaces6
Exterior AmenitiesCement/Concrete, Metal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.25
Parking Uncovered Total22
Site Frontage97
Total Parking28
Water SourcePublic
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A