2716 Colby AveEverett, WA 98201

This exceptional 5,391-square-foot storefront commercial condominium presents a compelling investment opportunity in the heart of downtown Everett, Washington. Located at 2716 Colby Ave, this vacant property boasts a desirable Mixed Urban (MU) zoning, allowing for flexible office or retail use. The building, constructed in 1925, features a spacious main floor of 4,231 square feet and a 1,160-square-foot mezzanine level, providing ample space for a variety of businesses. With a list price of $925,000 ($171.58 per square foot), and a pro-forma NOI of $83,556, resulting in a 9.03% pro-forma cap rate, this property offers strong potential for return on investment. Situated on a 0.18-acre lot (APN: 009061-000-001-00), the property benefits from high foot traffic and proximity to numerous amenities, including retail shops, restaurants, government and professional offices, and popular attractions such as the Angel of the Winds Arena, Imagine Children's Museum, Schack Art Center, Village Theater, and Flying Heritage Museum. This is an ideal owner-user opportunity or a lucrative investment for savvy investors seeking a strong presence in a thriving downtown area. The property's central location and flexible zoning make it an attractive prospect for a wide range of businesses.