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Mixed-Use Development Land Opportunity
For Sale
$890,000

3122 Broadway, Everett, WA 98201

Vacant downtown Everett lot with approved mixed-use plans for retail and eight residential units.

Property SizeContact for details
Days on Market136

Property Features for 3122 Broadway

General Information

Standard status Active
Property subtype Land
Zoning MU15

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $4,224

Building Details

Stories 15
Listing Agency: Ethos Northwest Real Estate
Listed By: Cindi Lynn Johnston
Source: Exprealty
Added: Apr 7 Changed: Aug 8 Last Checked: Jul 4 at 3:39PM

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 Ethos Northwest Real Estate

Investment Insights

Based on property information with market context.

This vacant commercial land parcel is being marketed with approved mixed-use development plans, described as “shovel ready,” including permits and completed designs. The included concept plan calls for a multi-level structure with retail space on Broadway frontage, dedicated garage parking on the second level, and eight residential units. The residential units are designed as 2-bedroom, 1-bath apartments within a four-to-one structure configuration, with ground-level entry to the parking level from a back alley due to the site’s slope. The remarks also indicate the site may be built up to 15 stories under the recently up-zoned MU15 designation.

The property is positioned one block from Angel of the Winds Arena in downtown Everett, with the development location noted as within walking distance to upcoming light rail and urban amenities. The site is identified as 3122 Broadway Ave, Everett, WA.

For developers seeking an expedited path from planning to execution, the primary value here is the availability of permitted and completed mixed-use plans for retail plus apartment residences on a single parcel. The approved design and parking approach support a practical transition from entitlement to construction, while the MU15 designation provides flexibility for taller development as described in the submitted materials.

Key Highlights

  • Vacant downtown Everett development lot at 3122 Broadway Ave
  • Approved mixed‑use plans for 8 residential units plus retail space (MU 8)
  • Plans include retail space on Broadway and dedicated garage parking on the second level

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,378
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant downtown Everett lot with approved mixed-use plans for retail and eight residential units.
Where is this commercial land located?
The property is located at 3122 Broadway Everett, WA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Vacant downtown Everett development lot at 3122 Broadway Ave; Approved mixed‑use plans for 8 residential units plus retail space (MU 8); Plans include retail space on Broadway and dedicated garage parking on the second level
More about this property
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