2512 Colby Avenue, Everett, WA 98201
- $2,200,000
Listing courtesy of John L. Scott Snohomish.
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- 2451973
- Days on Market
- 262
- Annual Tax Ammount
- 8979
- Internet Provider
- Comcast
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!
Additional Information
- Community
- Downtown
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1963
- Roof
- Built-Up
- Tax Year
- 2025
- Potential Terms
- Cash, Conventional
- Flooring
- Ceramic Tile, Vinyl, Carpet
- Driving Directions
- Right on Colby in downtown Everett!
- Electric Expenses
- 1344
- Other Expenses
- 1320
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $81,307
- Gross Adjusted Income
- $82,628
- Gross Scheduled Income
- $104,720
- Cap Rate
- 4
- Total Expenses
- $23,412
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.