James & Angie Smith

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Listing provided courtesy of Capstone CommercialNWMLSas Distributed by MLSGrid- MLS# NWM2535749MLS Provider

1301 & 1305 Broadway AvenueEverett, WA 98201

Vacant Land · 0.28 Acres
$1,595,000 Active

1301 & 1305 Broadway Avenue Overview

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Broadway Opportunity Zone Assemblage-Redevelopment Build as tall as 15 stories or 160' with the recently up-zoned MU15 designation. Early feasibility studies suggest potential multifamily development projects from 40-120+ units are possible with podium-style 5/1 or 5/2 construction with ample parking and water/mountain/cityscape views. Type 1 construction within the MU15 zoning allows for a theoretical maximum yield of 420-480 units over multiple parcels. No minimum parking required. Density controlled by height (not units per acre). MFTE eligible to enhance financing and provide additional long-term exemptions. SEPA exemption eligible. Qualified Opportunity Zone location along Transit Corridor offering access to potential capital gains and tax deferral benefits. Currently ready to submit permits for a 14-unit or 15-unit option townhome project. Also possible to build medical office w/ parking, retail, commercial, mixed-use. Potential working capital safe period via QOZ. *QOZ- Opportunity Zone *Potential Seller Financing Available *Permit ready for 15 townhomes-Seller will take through permitting if desired *Seller open to fee building townhomes for buyer-price includes permitted TH plans.

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1301 & 1305 Broadway Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Everett

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 740 - Everett/Mukilteo
  • Subdivision Name: Everett

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: 00547425100100
  • Possible Use: Business,Commercial,Multi-Family,Office,Residential,Retail
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.28
  • Lot Size Square Feet: 12196
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Available

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Available
  • Utilities: Electricity Available, Natural Gas Available

1301 & 1305 Broadway Avenue Neighborhood

Community

98201 (Everett) Demographics

40
Median Age
3,031
Population Density (per sq. mile)
36%
College Educated
$59,357
Estimated Median Income
5,563
Estimated Total Home Owners
7,575
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1301 & 1305 Broadway Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1301 & 1305 Broadway Avenue Market Data

Based on the last 30 days in this zip code

$554,938
Average List Price
$401
Average Price per Square Foot
24
Properties Sold
48
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

1301 & 1305 Broadway Avenue History

Date Event Value Agent
6/5/2026Source: NWMLS Added to Database
June 05, 2026