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2512 Colby Avenue

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2512 Colby Avenue

2512 Colby Ave, Everett, WA 98201
Retail,Office,Multi-Family For Sale Available Cap Rate 3.7% Built 1963 2 floors Zoning: MU
Asking Price
$2,200,000
Total Building11,876 SF
Available11,876 SF avail
Land10,648 SF land
MarketEverett
CountySnohomish

Read Overview
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Overview

Property ID
297124
Listing ID
704112
Type
Retail
Asset Class
Retail,Office,Multi-Family
Zoning
MU

Description

Prime mixed-use MU7-zoned property- this is an incredible development opportunity in vibrant downtown Everett. The street level features two 2,126 SF commercial units: Kate’s Greek & American (sale of the business included) and a long-term dental office tenant. Upstairs, two spacious 1,562 SF apartments (2 bed/1 bath & 2 bed/2 bath) with long-term tenants offer private rooftop decks with Possession Sound views, a shared space for bike storage upstairs, and the elevator accesses the apartments from the street level and basement. The 3,200 SF basement includes 6 covered parking stalls (4 used by apt tenants), storage, and coin-op laundry for apts. Outside, 22 parking spaces- most with leases for added income plus lots of street parking is available for patrons/guests.

Listing Courtesy of:

AS
Ashley Scrupps
John L. Scott Snohomish
108 Union Ave,
Snohomish, WA 98290
State: WA City: Everett ZIP: 98201 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.