1301 Broadway Avenue Everett, WA 98201
1301 Broadway Avenue
Everett, WA 98201
$1,595,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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
Property Features
Community: Everett
Multi-Family
Pool: Above Ground
Taxes: $0.00
Buyer Broker Comp.: 2.5%
Listing #: 2535749
Lot Details
Lot Size: 0.28 acres
Road: Paved
Utilities
Electricity: Available
Water: Available
Gas: Available
Sewer: Available
Call or Email:
Grace Wamwere
What's Near 1301 Broadway Avenue Everett, WA 98201?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Capstone Commercial
