$1,595,000
Est. $8,007/mo1301 & 1305 Broadway Avenue, Everett, WA 98201
• Listed 2026-06-03•30 days on market
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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.
Listed by Levi Sterley • Capstone Commercial
Listing updated: June 8, 2026 at 12:38pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535749
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1301 & 1305 Broadway Avenue, Everett, WA 98201
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
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