Listing provided courtesy of Windermere Real Estate/HLCNWMLSas Distributed by MLSGrid- MLS# NWM2543872MLS Provider

2912 Hewitt AvenueEverett, WA 98201

Commercial · 0.49 Acres
$2,900,000 Active

2912 Hewitt Avenue Overview

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Prominently located at the corner of Hewitt Avenue and Maple Street in the heart of Everett, this historic mixed-use property offers a unique blend of income stability and long-term redevelopment potential. Built between 1890 and 1910, the property spans three connected buildings totaling approximately 38,260 square feet across four tax lots with on-site parking and street visibility from two major thoroughfares.The ground floor features five fully leased retail spaces with stable tenants and great exposure along Hewitt Avenue. Upper levels include a mix of two apartments, thirty-six studio apartments with shared kitchens and baths, and a bunk room with a shared kitchen area. Current residential occupancy stands at roughly 80%, leaving room for value-add improvements or operational efficiencies.Zoned for up to six stories, the site presents excellent potential for future redevelopment or repositioning while maintaining income from existing tenants. Additional highlights include a small surface parking lot, street parking availability, and an on-site manager present Monday through Friday ensuring smooth daily operations.With easy access to Highway 2 and Interstate 5, and proximity to Everett’s growing downtown core, this property represents a rare opportunity for investors or developers seeking scale, location, and flexibility in one of Snohomish County’s most active commercial corridors.

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2912 Hewitt Avenue Facts & Features

  • Type Commercial
  • Lot 0.49 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 72021
  • Electric Expense: 16670
  • Fuel Expense: 18067
  • Gross Scheduled Income: 340966
  • Insurance Expense: 35134
  • Net Operating Income: 146350
  • Total Expenses: 194116
  • Water/Sewer/Garbage: 22496

Building Information

  • Year Built: 1896

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 740 - Everett/Mukilteo
  • Subdivision Name: Everett

Tax Information

  • Tax Annual Amount: $29,728.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 00593669500500
  • Possible Use: Commercial
  • Property Condition: Fair
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 38280
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 21
  • Parking Uncovered Total: 21

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.4885
  • Lot Size Square Feet: 21277
  • Lot Size Units: Square Feet
  • Site Frontage: 132
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Built-Up, Flat, Torch Down
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Covered Spaces: 0
  • Sewer: Sewer Connected

2912 Hewitt Avenue Neighborhood

Community

98201 (Everett) Demographics

40
Median Age
3,031
Population Density (per sq. mile)
36%
College Educated
$59,357
Estimated Median Income
5,563
Estimated Total Home Owners
7,575
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2912 Hewitt Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2912 Hewitt Avenue Market Data

Based on the last 30 days in this zip code

$554,938
Average List Price
$401
Average Price per Square Foot
24
Properties Sold
48
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

2912 Hewitt Avenue History

Date Event Value Agent
6/22/2026Source: NWMLS Added to Database
June 22, 2026