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Mixed-Use Building with Studio Apartments
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2920 Hewitt Ave, Everett, WA 98201

Combines retail and office suites with multifamily residential space.

Property SizeContact for details
Lot Size0.48 Acres
Days on Market141

Property Features for 2920 Hewitt Ave

General Information

Standard status Active
Lot size 0.48 Acres
Property subtype Mixed Use

Units

Unit Mix 40 x studio
Multifamily Units 40

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: windermere Real Estate
Listed By: Aaron Zehm · License #WA 98322AB
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:57AM

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 windermere Real Estate

Investment Insights

Based on property information with market context.

The Gable Building is a mixed-use property comprising 5 retail/office spaces and 40 studio apartments. The office and retail component totals over 14,000 SF, creating a combination of commercial and residential occupancy within one property.

The asset consists of 4 parcels totaling .48 acres at 2920 Hewitt Ave in Everett, WA. It is positioned next to Kaiser Permanente and is visible from I-5. Ample parking is also included.

Key Highlights

  • 40 studio apartments
  • 5 retail/office spaces
  • Over 14,000 SF of office and retail space

Property Analytics

Current Use

Escape Everett Arcade & Gaming Center

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Catering Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines retail and office suites with multifamily residential space.
Where is this mixed-use property located?
The property is located at 2920 Hewitt Ave Everett, WA.
What are key features of this property?
This property features: 40 studio apartments; 5 retail/office spaces; Over 14,000 SF of office and retail space
(206) 999-3724 Call to check price and availability
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