2602 Grand Ave - Office FOR SALE


Everett, WA 98201- Bayside
$650,000 USD
206-607-2575
2602 Grand Ave, Everett, WA for Sale
$650,000 USD
Office - FOR SALE
1/36
null | Request Cap Rate

2602 Grand Ave
Everett, WA 98201
Bayside


HIGHLIGHTS

  • Situated in the Bayside neighborhood of Everett, a walkable and historically rich district overlooking Possession Sound and the Olympic Mountains.
  • Previously an office space with original elements like exposed brick, tall ceilings, and large windows. Currently a blank canvas in need of renovation
  • Prime for a multi-family or redevelopment project under Everett’s Comprehensive Plan
  • Close to downtown Everett amenities, Everett Marina, Naval Station Everett, Providence Regional Medical Center, Boeing, I-5, and public transportatio
  • Dining, theatre, library, and waterfront trails within walking distance.

OVERVIEW

A rare opportunity on one of Everett's most storied streets. This 2,400 sq ft building, constructed in 1920, sits on a 6,098 sq ft street-to-alley lot in the heart of the Bayside neighborhood - a walkable, historically rich district along the bluffs overlooking the Sound. The building retains its original character: exposed brick, generous ceiling heights, and abundant natural light from large windows. Previously used as office space, the footprint is open and adaptable. Whether you're an investor, developer, or end-user with a vision, this property offers a blank canvas with serious bones. Zoned R5, which permits mid-rise residential development up to five stories, the street-to-alley parcel is well-positioned for a ground-up multifamily project. Combined with Everett's 2044 Comprehensive Plan - effective July 2025 and expanding density allowances across the downtown core - this is a site worth running numbers on. Buyers should confirm current development standards directly with the City of Everett Planning Department. Grand Avenue runs along the western bluff of Bayside, with views of Possession Sound, the Everett Marina, Naval Station Everett, and the Olympic Mountains on clear days. Grand Avenue Park is steps away. Downtown Everett - restaurants, the Historic Everett Theater, Angel of the Winds Arena, Carnegie Library - is all walkable. Providence Regional Medical Center, I-5, and Boeing / Paine Field are all within minutes. Sold as-is.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R5, Everett

APN/PARCEL ID

004391-616-029-00

ASK ABOUT THIS PROPERTY

Matt StarkWindermere Real Estate NE, Inc.More Info
206-607-2575

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Matt StarkWindermere Real Estate NE, Inc.More Info
206-607-2575

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