Shovel-Ready Mixed-Use Development
2017 Gibson Rd Everett, WA 98204
For Sale
$4,499,900
Fully approved mixed-use development with income-producing units in Everett, WA.
Property Size96,300 SF
Price / SF$46.73
Days on Market100
Property Features for 2017 Gibson Rd
General Information
Standard status
Active
Size
96,300 SF
Listing Agency:
Real Estate 2000 Inc.
(425) 670-2000
Listed By:
David M. Hilbert
(425) 670-2000
Source:
Exprealty
Added: Apr 20
Changed: Jul 10
Last Checked: Jul 19 at 6:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate 2000 Inc.
Investment Insights
Based on property information with market context.
This is a shovel-ready mixed-use development opportunity in Everett, WA, featuring fully approved plans for a 96,300 square foot, six-story building. The project is fully entitled and ready for construction, including 39 residential units with the potential to expand to approximately 46 units by converting approved storage space. Additionally, there are 7,300 square feet of mini-storage, which can also be converted into residential units if desired. The design incorporates two elevators, 56 structured parking spaces across two levels, and additional parking for future flexibility. A community event center with a full kitchen is also included. Zoned County Urban Center, the site supports high-density mixed-use development in a prime Everett corridor, located just 10 minutes from Paine Field Airport and with quick access to I-5 and I-405. The property is close to Boeing, Amazon, Microsoft, Naval Station Everett, Everett Community College, and the Port of Everett, as well as shopping, dining, and marinas. Existing income-producing units generate approximately $2,700 to $3,400 per month each, providing immediate cash flow. The residential mix includes 21 three-bedroom units, 15 two-bedroom units, and 3 one-bedroom units, along with 75 storage spaces. The projected fully leased income is approximately $129,550 per month.
Key Highlights
- Shovel‑ready mixed‑use development opportunity with fully approved plans for a 96,300 SF six‑story building.
- Fully entitled and ready to build with flexibility to expand residential units from 39 to ~46.
- Includes 7,300 SF of mini‑storage that can be converted to residential units.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Fully approved mixed-use development with income-producing units in Everett, WA.
Where is this commercial land located?
The property is located at 2017 Gibson Rd Everett, WA.
What is the asking price?
The asking price for this property is $4,499,900.
What are key features of this property?
This property features: Shovel‑ready mixed‑use development opportunity with fully approved plans for a 96,300 SF six‑story building.; Fully entitled and ready to build with flexibility to expand residential units from 39 to ~46.; Includes 7,300 SF of mini‑storage that can be converted to residential units.
