3327 Colby AveEverett, WA 98201

Property Details for 3327 Colby Ave

Year built

1956

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

1,467 SF

Zone code

FS

Property type

Healthcare properties

Property subtype

Medical offices

APN

436979101300

APU

436979101300

Description

This exceptional 2,974-square-foot medical office building, located at 3327 Colby Ave in Everett, WA, presents a unique investment opportunity. Situated on a 0.25-acre lot, this single-tenant property boasts a rich history, having served as a dermatology practice for over three decades. The building, constructed in 1956 and extensively renovated in 2018, comprises two stories. The first floor offers five examination rooms, a reception area, a waiting room, a kitchen, and two bathrooms. The second floor mirrors this layout, providing an additional seven examination rooms, a reception area, a waiting room, a kitchen, and two bathrooms. The building is conveniently located in Snohomish County, WA, with easy access to major transportation routes. The property is currently vacant, offering a blank canvas for a new medical practice or a chance to lease to an established tenant. The absence of elevators should be considered in tenant selection. This freestanding building provides ample space and a well-established medical presence, making it an ideal location for a variety of medical specialties. The property's recent renovation ensures modern amenities and functionality. This is a rare opportunity to acquire a well-maintained, established medical office building in a desirable Everett location.

• CAP approach

  CAP return

  Valuation

  6%

  $395,701

  6.5%

  $365,262

  7%

  $339,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $445,929

  Geo Method

  $282,515

• Alternative Use

  Use

  Valuation

  Residential

  $452,925

  Hospitality

  $414,877

  Educational

  $345,173

  Medical

  $357,044

  Retail

  $536,936

Location Insight

City

Everett

County

Snohomish

State

Washington

Latitude

47.9728

Longitude

-122.208

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].