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2510-2512 Colby Ave
Everett, WA 98201 Bayside

$2,200,000 USD

Storefront Retail Office For Sale  •  11,876 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 11,876 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 3.70 %
  • Tenancy Multiple
  • Zoning MU7
40 Transit Score
70 Walk Score

Highlights

Street level features two 2,126 SF commercial units
Upstairs, two spacious 1,562 SF apartments
Basement has 6 covered parking stalls, storage, and coin-op laundry for apts.
Outside, 22 parking spaces- most with leases, plus street parking.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $81,308 USD (2025)
Cap Rate: 3.70 %
Total Expenses: $23,412 USD

Major Tenants

Tenant SF Occupied Lease End Date
Kates Greek & American Deli
Sparkle 32 2,126 SF

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Balcony
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Everett Amtrak Station (Amtrak Cascades - Amtrak, Empire Builder - Amtrak, Everett - Seattle - Amtrak) 3 min 20 min 1.1 mi
Mukilteo Station (Everett - Seattle - Sound Transit) 15 min - 7.3 mi
AirportDriveWalkDistance
Seattle Paine Field International 16 min - 9.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Ashley Scrupps 425-737-3766 John L. Scott Snohomish
Ashley Scrupps 425-737-3766 John L. Scott Snohomish