All homes

$2,900,000

2912 Hewitt Avenue

Everett, WA 98201

Active

Beds

—

Baths

—

Sq Ft

—

Lot

0.49 ac

Year built

1896

Type

Commercial Sale

Days listed

100

MLS #

2543872

About this home

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 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.

Property details

Heating
Baseboard, Forced Air, Radiator, Wall Furnace
Flooring
Laminate, Vinyl
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$29,728 (2025)

Estimate your monthly payment

$17,141/mo

Principal & interest
$14,664
Property taxes
$2,477
Loan amount $2,320,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Everett, WA 98201

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Real Estate/HLC— Aaron W Zehm.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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