Mixed-Use Property in Downtown
For Sale
$2,200,000
2512 Colby Ave, Everett, WA 98201
Mixed-use property with commercial units and apartments in downtown Everett.
Property SizeContact for details
Days on Market341
Property Features for 2512 Colby Ave
General Information
Standard status
Active
Site & Location
Neighborhood
Bayside
Building Details
Year Built
1963
Listing Agency:
John L. Scott Snohomish
Listed By:
Ashley Scrupps
(425) 307-5123
Source:
Realtywithty
Added: Nov 23, 2025
Changed: Oct 25
Last Checked: Oct 12 at 10:37PM
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 John L. Scott Snohomish
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Investment Insights
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This mixed-use property is located in downtown Everett and is zoned MU7. The street level features two commercial units, one occupied by Kate’s Greek & American (sale of the business included) and the other by a long-term dental office tenant. Upstairs, there are two apartments, each 1,562 square feet, with long-term tenants. One apartment has two bedrooms and one bathroom, while the other has two bedrooms and two bathrooms. The apartments include private rooftop decks with Possession Sound views and a shared space for bike storage. An elevator provides access to the apartments from the street level and basement. The 3,200 square foot basement includes six covered parking stalls (four used by apartment tenants), storage, and coin-operated laundry for the apartments. There are 22 parking spaces outside, most with leases for added income, plus street parking.
Key Highlights
- Prime mixed‑use MU7‑zoned property in downtown Everett offering significant development potential.
- Two street‑level commercial units, including an established restaurant business (Kate’s Greek & American) included in the sale, and a long‑term dental office tenant.
- Enjoy Possession Sound views from the two spacious apartments with long‑term tenants and private rooftop decks.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,403
Businesses Nearby
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Business Placement
Demographics for 98201, WA
30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with commercial units and apartments in downtown Everett.
Where is this mixed-use property located?
The property is located at 2512 Colby Ave Everett, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime mixed‑use MU7‑zoned property in downtown Everett offering significant development potential.; Two street‑level commercial units, including an established restaurant business (Kate’s Greek & American) included in the sale, and a long‑term dental office tenant.; Enjoy Possession Sound views from the two spacious apartments with long‑term tenants and private rooftop decks.
