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Office Condominium with Covered Parking
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3501 Colby Ave, Everett, WA 98201

Two office floors offer established tenancy, secure parking, and flexible vacant space for occupancy or additional leasing.

Property SizeContact for details
Days on Market146

Property Features for 3501 Colby Ave

General Information

Standard status Active
Property subtype Office
Listing Agency: Orion Commercial Partners
Listed By: David Butler · License #WA 78883
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 5:14PM

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 Orion Commercial Partners

Investment Insights

Based on property information with market context.

This office condominium offering comprises the first and second levels of a three-story complex in Everett, Washington. The property was built in 2001 and includes approximately 5,500 square feet of remaining office and storage space, along with approximately 3,805 square feet of vacant area that may accommodate an owner-user configuration. Seventy covered and secure parking stalls are dedicated to the property.

The Attorney General of Washington and Commonwealth Associates occupy space within the property and collectively lease more than 70% of the rentable square footage. Commonwealth Associates entered a 10-year lease in 2016, while the Attorney General of Washington has occupied space since 2006 under a new five-year lease with one five-year renewal option. The top level of the complex contains 18 residential condominiums, separate from the office condominium offering. The property is located at 3501 Colby Avenue in Everett, Washington.

Key Highlights

  • First and second floors of a three‑story office condominium complex
  • Approximately 5,500 square feet of office and storage space remains available for lease‑up
  • Approximately 3,805 square feet of vacant space may suit an owner‑user configuration

Property Analytics

Current Use

Lifelong Charitable Organization Dr. Kelly Cornett Physician Dr. Lynda Kasky ... Physician Kira Brooke Mauseth Physician Sadie Teal Physician

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Catering Service Daycare Center Computer & Electronic Repair Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

3,256
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?
Office units - Two office floors offer established tenancy, secure parking, and flexible vacant space for occupancy or additional leasing.
Where is this office units located?
The property is located at 3501 Colby Ave Everett, WA.
What are key features of this property?
This property features: First and second floors of a three‑story office condominium complex; Approximately 5,500 square feet of office and storage space remains available for lease‑up; Approximately 3,805 square feet of vacant space may suit an owner‑user configuration
(206) 445-7664 Call to check price and availability
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