$1,200,000
( )
 $6,442 est/mo Sourced by Back At You

1915 1917 Broadway Avenue,Everett, WA 98201

Everett, WA 98201

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Description

Development Potential. Zoned MU15 under the Everett Unified Development Code, permitting development up to 15 floors / 160 feet (EMC 19.22.020, Table 22-1) exceeded only by the MU25 core. Everett is projected to add roughly 60,000 residents over the next two decades, and the Metro Everett subarea plan targets Downtown Everett for the bulk of that growth. This is a mixed-use development site positioned for multifamily, hotel, office, or ground-floor retail on the Broadway corridor. Income in Place. Two buildings on 6098 SF lot, generate dual-stream rental income a street-front retail tenant plus a residential apartment at the rear producing $68,700 in total annual income against $11,953 in expenses, for an NOI of $56,747 (4.73% cap rate) That income allows an incoming investor or developer to offset carrying costs and maintain consistent cash flow while finalizing architectural plans, engineering, and municipal approvals rather than paying to sit on vacant dirt. Location. Broadway is one of Everett's principal north-south commercial corridors, minutes from Everett Station Snohomish County's hub for Sounder commuter rail and Amtrak with direct I-5 access and Downtown Everett's civic and employment core close at hand. Building signage on Broadway. Possession at close of escrow.

Details

MLS #2564128
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Year1946
Days On Site20
Listing Provided ByDowntown Dennis Real Estate | Dennis Wagner

Features

ZoningSee Remarks
Acreage0.14

Taxes

Property6647

Area Information

StateWA
CountySnohomish
CityEverett
Zip Code98201
Area740 Everett | Mukilteo
Community NameEverett
Listing VS Median (in Everett)
Price:
$1,200,000
low | high
Med:
$509,950
100% of Average
On site:
20
low | high
Med:
54
37.037037037037% of Average
Sourced by Back At You

Market Activity 98201

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Learn More About This Property

StateWA
CountySnohomish
CityEverett
Zip Code98201
Area740 Everett | Mukilteo
Community NameEverett
Listing VS Median (in Everett)
Price:
$1,200,000
low | high
Med:
$509,950
100% of Average
On site:
20
low | high
Med:
54
37.037037037037% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1906 Broadway Property Photo 1
$990,000
1906 Broadway
Everett, WA 98201
1931 McDougall Avenue Property Photo 1
$545,000
1931 Mcdougall Avenue
Everett, WA 98201
1931 McDougall Avenue Property Photo 1
$545,000
1931 Mcdougall Avenue
Everett, WA 98201
Listing Updated: August 4, 2026 at 5:52:57 PM PDT