2512 Colby Avenue Everett, WA $ 2,200,000
2512 Colby Avenue
$ 2,200,000
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2512 Colby Avenue

Everett, WA, 98201
$ 2,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,725

Listed by John L. Scott Snohomish
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View a Virtual Tour

Commercial Property for sale in Everett, WA

for $2,200,000. This building was built in 1963 on a lot size of 0.25.

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!

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 8,979

Style

Comm Bldg Ovr 10K

Lot Size

0.25

Year Built

1963

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2451973

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling Other See Remarks
Possession Closing Negotiable
Roof Built-Up
HOA Fee 0
Year Built 1963
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Snohomish
Net Operating Income 81307
Insurance Expense 11768.99
Property Type Commercial Sale
HOA N
Subdivision Name Downtown
Possible Use Office See Remarks
Building Features Elevator Storage
Special Listing Conditions None
Status Active
Directions Right on Colby in downtown Everett!
City Everett
Senior Community Y/N N
Zoning Description Office See Remarks
Number Of Units Total 5
MLS Area 740 - Everett/Mukilteo
Lot Size Units Square Feet
Lot Size Square Feet 10890
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 8979
Electric Expense 1344
Fuel Expense 0
Public Remarks Prime mixed-use MU7-zoned property (development opportunity!) in vibrant downtown Everett. Street level features two 2 126 SF commercial units: Kates Greek & American (business included in sale) and
Virtual Tour https://player.vimeo.com/video/1123251536?byline=0&title=0&o
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Everett
Total Actual Rent 8685
Water Sewer Garbage 0
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 4
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Exterior
Exterior Amenities Cement/Concrete Metal/Vinyl
Water Source Public
Total Parking 28
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.25
Covered Spaces 6
Irrigation Water Rights Y/N N
Site Frontage 97
Parking Uncovered Total 22
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Interior
Flooring Ceramic Tile Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2451973
Street Number 1 2512
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* Excluded Features
List By
Ashley Scrupps

Listing Agent

John L. Scott Snohomish

Broker

Affordability Calculator

$14,473
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$2,200,000 Listed Price

Map


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2512 Colby Avenue, Everett, WA, 98201 is a Commercial Property for sale at $2,200,000 with a lot size of 0.25. 2512 Colby Avenue was built in 1963. The property's zip code is 98201 which is in Everett, WA