Listing provided courtesy of John L. Scott SnohomishNWMLSas Distributed by MLSGrid- MLS# NWM2451973
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Request Info2512 Colby AvenueEverett, WA 98201
Commercial · 0.25 Acres$2,200,000
Active
2512 Colby Avenue Overview
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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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2512 Colby Avenue Facts & Features
- Type Commercial
- Lot 0.25 Acres
Details
General
Association/HOA
- Association Fee: $0.00
Income/Expenses
- Other Expense: 1320.06
- Electric Expense: 1344
- Fuel Expense: 0
- Gross Scheduled Income: 104720
- Insurance Expense: 11768.99
- Net Operating Income: 81307
- Total Expenses: 23412.05
- Water/Sewer/Garbage: 0
Building Information
- Year Built: 1963
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 740 - Everett/Mukilteo
- Subdivision Name: Downtown
Tax Information
- Tax Annual Amount: $8,979.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 00517156102700
- Possible Use: Office,See Remarks
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Approximate Building Square Feet: 11876
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
Exterior
Parking Information
- Open Parking: No
- Parking Uncovered Total: 22
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.25
- Lot Size Square Feet: 10890
- Lot Size Units: Square Feet
- Site Frontage: 97
- Topography: Level
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Roof: Built-Up
- Structure Type: Unspecified
General Information
- Carport: No
- Covered Spaces: 6
- Exterior Features: Cement/Concrete, Metal/Vinyl
- Number Of Units Total: 5
- Sewer: Sewer Connected
Unit Information
Unit 5 Details
- Actual Rent: 635
Unit 4 Details
- Unit Type: Apartment
- Actual Rent: 1650
Unit 3 Details
- Unit Type: Apartment
- Actual Rent: 1850
Unit 2 Details
- Unit Type: Dentist Office + 4 parking spaces
- Actual Rent: 2350
Unit 1 Details
- Unit Type: Restaurant
- Actual Rent: 2200
2512 Colby 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
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.2512 Colby Avenue Monthly Cost
2512 Colby 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
2512 Colby Avenue History
| Date | Value | Agent |
|---|---|---|
| 11/6/2025Source: NWMLS | November 06, 2025 |