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Mixed-Use Property with Office Space
For Sale
Contact for pricing
Pending

5131 Colby Ave, Everett, WA 98203

Three distinct suites provide office, leased commercial, and residential components with paved business parking.

Property Size2,979 SF
Days on Market144

Property Features for 5131 Colby Ave

General Information

Standard status Pending
Size 2,979 SF
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 2,979 SF
Listing Agency: Windermere Commercial
Listed By: Brandon Olson · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:20PM

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 Commercial

Investment Insights

Based on property information with market context.

Located at 5131 Colby Ave in Everett, this mixed-use property is arranged as three separate suites across the building. The primary component is an 890-square-foot air-conditioned office with exposure along Colby Ave. A second 500-square-foot space occupies the rear of the main level and has its own exterior entrance; it is leased month-to-month. The lower level contains a 1,488-square-foot, two-bedroom apartment with full laundry, covered parking, and a month-to-month lease.

Paved parking supports business use, while the property offers access to downtown Everett and I-5. The combination of office, additional commercial space, and an apartment creates a varied configuration within one property.

Key Highlights

  • 890 SF air‑conditioned office with Colby Ave frontage
  • 500 SF rear commercial suite with separate exterior access
  • 1,488 SF lower‑level two‑bedroom apartment

Property Analytics

Current Use

Senait Eshttu Physician Gabriella Price Midwife Sun Melissa D Alternative Medicine Practice

Suggested Use

Top Pick Bakery Skin Care Clinic Electrical Service Garden Center HVAC Service Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby

Demographics for 98203, WA

37,491
Population
14,848
Households
2.5
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
11.8 sq mi
ZIP Area
3,177
Density / Sq Mi
$101,505
Median Household Income
$55,176
Median Earnings
$1,761
Median Rent
$575,300
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 - Three distinct suites provide office, leased commercial, and residential components with paved business parking.
Where is this mixed-use property located?
The property is located at 5131 Colby Ave Everett, WA.
What are key features of this property?
This property features: 890 SF air‑conditioned office with Colby Ave frontage; 500 SF rear commercial suite with separate exterior access; 1,488 SF lower‑level two‑bedroom apartment
(206) 418-9444 Call to check price and availability
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