Property Details

1313 Hewitt Ave

Everett, WA 98201

$4,550,000

Available

CBA# 692329 courtesy of CBA Listing firm: Compass Washington

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Office / Retail

Property Type

19,768

Bldg Sq Ft

Units

6.00%

Cap Rate

1913

Year Built

Property Overview

Expand your portfolio with this fully leased 17-unit mixed-use asset, prominently positioned at the corner of Hewitt & Rucker in downtown Everett. With significant capital improvements already completed—including a new roof, fresh exterior paint, updated sewer lines, and eight renovated apartments—this property is ideal for effortless ownership.The residential component features nine apartments, six 1-bedroom and three 2-bedroom apartments, each boasting modern open floor plans, stylish interiors, and durable LVP flooring. Residents enjoy the convenience of on-site laundry and the option to rent one of six private parking spaces. The street-level retail consists of eight fully leased commercial units, ensuring consistent cash flow. Positioned within Everett’s Mixed Urban (MU) zone, thi