Lease to Own
Listing Provided Courtesy Of:
John L. Scott Mill Creek and NWMLS
5131 Colby Everett, WA
$ 885,000
Property Attributes
  • ID#1771380
  • TypeCommercial
  • CityEverett
  • AreaEverett-Mukilteo
  • NeighborhoodClaremont
  • Zip98203
  • StyleComm Bldg Und 10K
  • Year Built1951
  • Taxes$ 5921
  • Price$ 885,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
John L. Scott Mill Creek and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Fantastic owner/investor property on Colby Avenue with easy access to downtown Everett or I-5. Potential to live and work from same building OR generate income from (3) separate spaces. Total of 2976sf building with existing lease space and lower level approved residence. Primary 890 sf air conditioned lease space with Colby Ave frontage. A secondary 500sf lease space at rear of main level and separate exterior access. Lower level currently rented 2 bedroom apartment approximately 1488sf with full laundry and covered parking. Ample off street paved parking for business use.

Price History
5/13/2021 Listed $935,000
8/11/2021 6% - $885,000

General Features

Building Area Units Square Feet
Building Features Storage
Carport Y/N No
City Everett
County Snohomish
Directions South on Evergreen to 52nd Ave. East past Everett Golf and Country Club to intersection of Colby and 52nd. Either direction on Colby to 52nd Ave. Building on NE corner of intersection.
Exterior Features Wood, Wood Products
Flooring Carpet
Insurance Expense 1200
MLS Area 740 - Everett/Mukilteo
Possession Closing, Negotiable
Possible Use Business, Commercial, Residential
Property Style 60 - Comm Bldg Und 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
PropertyCondition Good
Roof Flat
Senior Community Y/N No
Sewer Available, Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Colby
Structure Type Unspecified
Subdivision Name Claremont
Tax Annual Amount 5921
Tax Year 2021
Terms Cash Out, Conventional, Lease Purchase
Topography Level, Sloped
Total Actual Rent 1500
Total Units 3
Utilities Sewer Connected, Electricity Available
Water Company Everett Utilities
Year Built 1951
Zoning Class Business, Commercial, Residential

Interior Features

Air Conditioning Y/N Yes
Ceiling Height 8
Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric

Exterior Features

Accessory Dwelling Unit AttachedDwelling
Covered Spaces 1
Foundation Details Poured Concrete, Slab
Irrigation Water Rights Y/N No
Lot Size Acres 0.17
Lot Size Square Feet 7405
Lot Size Units Square Feet
Open Parking Y/N No
Parking Uncovered Total 12
Total Parking 13
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 98203

AVG $1.09M
AVG $7,257
AVG 46
Year Built
AVG 1954
AVG 57
Data Provided by Walkscore ® not using MLS data

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