1313 Hewitt AveEverett, WA 98201

  • Retail properties
  • 19,768 SF
For Lease
$19/SF/YR View listing

Property Details for 1313 Hewitt Ave

Year built
1913
Construction
TYPE NOT SPECIFIED
Lot size
0.33 AC
Property size (Sq ft)
19,768 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Retail space
APN
439167001400
APU
439167001400

Description

This meticulously renovated, two-story, 5,484 square foot building at 1313 Hewitt Ave, Everett, WA 98201, offers multiple leasing options in the heart of Downtown Everett. The property, built in 1913, features a mix of traditional office, executive office, coworking, and creative office spaces, suitable for various business needs. Currently, 3,642 square feet are available, with spaces ranging from a minimum of 1,782 square feet to a maximum contiguous space of 3,642 square feet. The building comprises seven total suites. Street parking is available, and the property is conveniently located one block from a public parking garage with 494 spaces. The building does not have an elevator. This high-visibility location on Hewitt Ave, near Rucker Ave, benefits from significant foot traffic, making it ideal for retail or office businesses seeking a thriving downtown presence. The property's adaptable spaces provide a canvas for diverse business ventures to flourish in Everett's dynamic commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,838,213
    6.5%
    $7,235,274
    7%
    $6,718,468
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,142,538
    Geo Method
    $9,593,442
  • Alternative Use

    Use
    Valuation
    Residential
    $6,103,224
    Hospitality
    $5,590,520
    Educational
    $4,651,247
    Medical
    $4,811,210
    Retail
    $7,235,274
1313 Hewitt Ave, Everett, Washington

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.9796
Longitude
-122.212
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,493
$624,000
$1,738,000
$2,362,000
-
$624,000
$1,738,000
$2,362,000

FAQs

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