2510-2512 Colby Ave - Storefront Retail/Office FOR SALE


Everett, WA 98201- Bayside
$2,200,000 USD
425-737-3766
2510-2512 Colby Ave, Everett, WA for Sale
$2,200,000 USD
Storefront Retail/Office - FOR SALE
1/40
null | 3.7% Cap Rate

2510-2512 Colby Ave
Everett, WA 98201
Bayside


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

3.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kate's Greek & American + Office + 2 Apts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

MU7

APN/PARCEL ID

005171-561-025-00,005171-561-027-00

ASK ABOUT THIS PROPERTY

Ashley ScruppsJohn L. Scott SnohomishMore Info
425-737-3766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ashley ScruppsJohn L. Scott SnohomishMore Info
425-737-3766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.