1313 Hewitt Avenue Everett, WA 98201

Building Details

Year Built

1913

Listing Agency COMPASS Show Phone

Listed by BEN KAUFMAN

Source Corcoran

Added: Feb 8, 2025 Checked: Jul 19 at 4:16 am

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Investment Insights

Based on property information with market context.

This fully leased 17-unit mixed-use asset is located at Hewitt and Rucker in downtown Everett. Capital improvements have been completed, including a new roof, paint, sewer, and 8 renovated apartments. The property features 9 apartments, consisting of 6 one-bedroom and 3 two-bedroom units with open floor plans, stylish interiors, and LVP flooring. Residents have access to on-site common laundry and the option to rent one of 6 on-site parking spaces. The street level comprises 9 retail units, which are 100% leased. The acquisition secures a stabilized asset with potential for future development and appreciation. The zoning is Mixed Urban (MU), and zoning maps indicate potential building heights of up to 12 to 25 floors.

Key Highlights

• Fully leased 17‑unit mixed‑use asset in downtown Everett, providing immediate income.
• Significant capital improvements completed, including new roof, paint, sewer, and 8 renovated apartments.
• Mixed Urban (MU) zoning allows for potential future development with building heights up to 12‑25 floors (buyer to verify).

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FAQs

What type of property is this?

Mixed-use property - Fully leased 17-unit mixed-use asset with development potential.

Where is this mixed-use property located?

The property is located at 1313 Hewitt Avenue Everett, WA.

What is the asking price?

The asking price for this property is $4,550,000.

What are key features of this property?

This property features: Fully leased 17‑unit mixed‑use asset in downtown Everett, providing immediate income.; Significant capital improvements completed, including new roof, paint, sewer, and 8 renovated apartments.; Mixed Urban (MU) zoning allows for potential future development with building heights up to 12‑25 floors (buyer to verify).