1301 & 1305 Broadway Avenue, Everett, WA 98201 (MLS # 2535749)

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Listing provided courtesy of Northwest MLS; Capstone Commercial

PRICE $1,595,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 12,197 sqft
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Broadway Opportunity Zone Assemblage-Redevelopment Build as tall as 15 stories or 160' with the recently up-zoned MU15 designation. Early feasibility studies suggest potential multifamily development projects from 40-120+ units are possible with podium-style 5/1 or 5/2 construction with ample parking and water/mountain/cityscape views. Type 1 construction within the MU15 zoning allows for a theoretical maximum yield of 420-480 units over multiple parcels. No minimum parking required. Density controlled by height (not units per acre). MFTE eligible to enhance financing and provide additional long-term exemptions. SEPA exemption eligible. Qualified Opportunity Zone location along Transit Corridor offering access to potential capital gains and tax deferral benefits. Currently ready to submit permits for a 14-unit or 15-unit option townhome project. Also possible to build medical office w/ parking, retail, commercial, mixed-use. Potential working capital safe period via QOZ. *QOZ- Opportunity Zone *Potential Seller Financing Available *Permit ready for 15 townhomes-Seller will take through permitting if desired *Seller open to fee building townhomes for buyer-price includes permitted TH plans.

LAST UPDATED 6/5/2026 TRACT Everett
YEAR BUILT 0 COMMUNITY Everett
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA 740 - Everett/Mukilteo
HEAT None
LOT 0.28 acre(s)
MLS STATUS Active
STYLE 42 - Multi-Family
SUBDIVISION Everett
UTILITIES Electricity Available, Natural Gas Available, Sewer Available
ZONING Business,Commercial,Multi-Family,Office,Residential,Retail
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/22/26 3:21 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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