2918 Colby AveEverett, WA 98201

Property Details for 2918 Colby Ave

Year built

1906

Construction

TYPE NOT SPECIFIED

Lot size

0.10 AC

Property size (Sq ft)

8,584 SF

Zone code

F4

Property type

Office properties

Property subtype

Office buildings

APN

439168203000

APU

439168203000

Description

This exceptional Everett, WA office property, located at 2918 & 2920 Colby Ave, 98201, offers a unique opportunity for businesses seeking executive office space. Built in 1906, this charming building boasts a total of 22,063 square feet and is comprised of three suites. Currently, there are 3,028 square feet of vacant space available for lease, divisible into units as small as 217 square feet, or up to a contiguous 2,253 square feet. The property is categorized as both Executive Office and Professional space, making it ideal for a variety of businesses. Its location in Snohomish County provides easy access to major transportation routes and amenities. The building's historical character blends seamlessly with modern functionality, offering a prestigious and productive work environment. This multi-tenant building presents a rare opportunity to secure prime office space in a highly desirable Everett location. Inquire today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $2,315,404

  6.5%

  $2,137,296

  7%

  $1,984,632

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,609,306

  Geo Method

  $1,653,107

• Alternative Use

  Use

  Valuation

  Residential

  $2,650,246

  Hospitality

  $2,427,612

  Educational

  $2,019,744

  Medical

  $2,089,206

  Retail

  $3,141,824

Location Insight

City

Everett

County

Snohomish

State

Washington

Latitude

47.9788

Longitude

-122.209

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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