Listing provided courtesy of Capstone CommercialNWMLSas Distributed by MLSGrid- MLS# NWM2535749
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Request Info1301 & 1305 Broadway AvenueEverett, WA 98201
Vacant Land · 0.28 Acres$1,595,000
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1301 & 1305 Broadway Avenue Overview
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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.
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1301 & 1305 Broadway Avenue Facts & Features
- Type Vacant Land
- Lot 0.28 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Everett
Location/Region
- Country: US
- County Or Parish: Snohomish
- MLS Area Major: 740 - Everett/Mukilteo
- Subdivision Name: Everett
General Information
- Listing Terms: Cash, Conventional, Owner Will Carry
- Parcel Number: 00547425100100
- Possible Use: Business,Commercial,Multi-Family,Office,Residential,Retail
- Property Sub Type: Land
- Property Type: Land
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- 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
- Heating: No
- Living Area: 0
- Main Level Bathrooms: 0
Exterior
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.28
- Lot Size Square Feet: 12196
- Lot Size Units: Square Feet
- Road Surface Type: Paved
- Elevation Units: Feet
- Water Source: Available
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Structure Type: None
General Information
- Carport: No
- Electric On Property: No
- Sewer: Available
- Utilities: Electricity Available, Natural Gas Available
1301 & 1305 Broadway 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
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.1301 & 1305 Broadway Avenue Monthly Cost
1301 & 1305 Broadway 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
1301 & 1305 Broadway Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/5/2026Source: NWMLS | June 05, 2026 |