Prominently located at the corner of Hewitt Avenue and Maple Street in the heart of Everett, this historic mixed-use property offers a unique blend of income stability and long-term redevelopment potential. Built between 1890 and 1910, the property spans three connected buildings totaling approximately 38,260 square feet across four tax… Read More lots with on-site parking and street visibility from two major thoroughfares.The ground floor features five fully leased retail spaces with stable tenants and great exposure along Hewitt Avenue. Upper levels include a mix of two apartments, thirty-six studio apartments with shared kitchens and baths, and a bunk room with a shared kitchen area. Current residential occupancy stands at roughly 80%, leaving room for value-add improvements or operational efficiencies.Zoned for up to six stories, the site presents excellent potential for future redevelopment or repositioning while maintaining income from existing tenants. Additional highlights include a small surface parking lot, street parking availability, and an on-site manager present Monday through Friday ensuring smooth daily operations.With easy access to Highway 2 and Interstate 5, and proximity to Everett’s growing downtown core, this property represents a rare opportunity for investors or developers seeking scale, location, and flexibility in one of Snohomish County’s most active commercial corridors. Read Less
Listing courtesy of Windermere Real Estate/HLC
Listing Snapshot
Cumulative Days On Market
28
Days on Website
29
Last Updated
Property Type
Commercial Industrial
Lot Size
0.49 Acres
Year Built
1896
Property Tax
$29,728
MLS Number
2543872
30 Days Snapshot Of 98201
$555k
-4%
(avg) sold price
25
+4%
homes sold
53
+60%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area: 0, Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Structure Type: Unspecified, Year Built: 1896
Sewer: Sewer Connected, Sewer Company: City of Everett
Utilities
Electric Expense: 16670, Fuel Expense: 18067, Power Company: SNO PUD, Power Production Type: "Electric", "Natural Gas", Water Company: City of Everett, Water Source: Public
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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