Everett/Mukilteo Homes with 61 - Comm Bldg Ovr 10K Style

Everett/Mukilteo Homes with 61 - Comm Bldg Ovr 10K Style

Welcome to Everett and Mukilteo, two gem cities nestled in the picturesque Snohomish County, Washington. Known for their stunning waterfront views, vibrant communities, and rich cultural heritage, these areas offer an exceptional quality of life for residents and a thriving environment for businesses.

Everett, the largest city in Snohomish County, boasts a dynamic blend of urban amenities and natural beauty. With its bustling downtown, home to an array of shops, restaurants, and entertainment options, residents enjoy a lively atmosphere. The iconic waterfront along Port Gardner Bay provides ample opportunities for outdoor activities, from boating to scenic walks along the marina. The nearby Everett Community College and the Future of Flight Aviation Center add to the city's appeal, attracting students and aviation enthusiasts alike.

Just a stone's throw away lies Mukilteo, a charming coastal town known for its stunning beaches and breathtaking views of the Puget Sound. Mukilteo is famous for its historic lighthouse park, where families gather for picnics and sunset views. The community is characterized by its friendly neighborhoods, top-rated schools, and easy access to nature, making it an ideal spot for families and outdoor lovers.

For those seeking commercial opportunities, the region offers a variety of properties, including homes with over 10,000 square feet of commercial building space. These expansive properties are perfect for businesses looking to establish a strong presence in a growing area. With the perfect blend of residential charm and commercial potential, Everett and Mukilteo are poised to be the next hot spots for both living and business ventures. Come explore the possibilities in this beautiful part of Washington!

Newest Everett/Mukilteo Homes with 61 - Comm Bldg Ovr 10K Style

$2,900,000
2543872 MLS ⋅ ACTIVE Status
Prominently located at the corner of Hewitt Avenue and Maple Street in the heart of Everett, this historic mixed-use property offers a unique blend of income stability and long-term redevelopment potential. Built between 1890 and 1910, the property spans three connected buildings totaling approximately 38,260 square feet across four tax lots with on-site parking and street visibility from two major thoroughfares.The ground floor features five fully leased retail spaces with stable tenants and great exposure along Hewitt Avenue. Upper levels include a mix of two apartments, thirty-six studio apartments with shared kitchens and baths, and a bunk room with a shared kitchen area. Current residential occupancy stands at roughly 80%, leaving room for value-add improvements or operational efficiencies.Zoned for up to six stories, the site presents excellent potential for future redevelopment or repositioning while maintaining income from existing tenants. Additional highlights include a small surface parking lot, street parking availability, and an on-site manager present Monday through Friday ensuring smooth daily operations.With easy access to Highway 2 and Interstate 5, and proximity to Everett’s growing downtown core, this property represents a rare opportunity for investors or developers seeking scale, location, and flexibility in one of Snohomish County’s most active commercial corridors.

2912 Hewitt Avenue, Everett

Listing courtesy of Windermere Real Estate/HLC.

$2,150,000
2541867 MLS ⋅ ACTIVE Status
We are pleased to present the opportunity to acquire the Colby Professional Center in Everett, Washington. Anchored by Western Washington Medical Group, the building is 56% occupied by medical tenants, including 35% occupied by dentists. The offering provides flexibility for both owner-users or investors. • An owner-user can occupy a portion of the building and offset expenses with rental income from the remaining suites. • Medical office investors will benefit from the strong tenant base and upside potential through lease-up.

3125 Colby Avenue, Everett

Listing courtesy of Ayers Commercial Group.

$5,300,000
2518698 MLS ⋅ ACTIVE Status
Newly combined and strategically priced, this downtown Everett portfolio includes two income-producing corner buildings plus three contiguous parking parcels totaling 23,000+ SF. Recently upzoned to MU25, the site now allows potential heights up to 25 stories creating meaningful redevelopment upside while current leases provide interim income. Prime visibility, strong frontage, and urban-core positioning make this a compelling buy for investors looking to enter early in Everett’s next growth phase.Secure scale today before the market fully prices in the upzone opportunity.

1316 Wall Street, Everett

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$2,300,000
2475831 MLS ⋅ ACTIVE Status
PRICE ADJUSTMENT - EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,30,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

$2,200,000
2451973 MLS ⋅ ACTIVE Status
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!

2512 Colby Avenue, Everett

Listing courtesy of John L. Scott Snohomish.

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