1418 Hewitt Ave 2,256 SF Retail Building Everett, WA 98201 $1,100,000 ($487.59/SF)

1418 Hewitt Avenue is a compelling opportunity to acquire a high-visibility commercial asset at the center of Downtown Everett’s revitalization. The property well-positioned on one of the submarket’s most active pedestrian corridors, surrounded by an expanding mix of independent retailers, restaurants, multifamily properties, and office users. Its location provides strong street presence, consistent foot traffic, and immediate access to transit, public parking, and key regional connectors.
The asset is a well-maintained, 100% leased mixed-use property delivering durable in-place cash flow with long-term upside. The stable tenancy (+10-years) is in-place thru October 31, 2029, however, is subject to a redevelopment clause in favor of the landlord. A new 20-year roof system was installed in 2022.
Favorable MU25 zoning, ongoing public and private investment, and the flexibility of an efficient building footprint supports multiple paths to appreciation—whether through repositioning, future redevelopment, or continued rent growth.
Situated in the heart of Everett’s cultural and commercial resurgence, 1418 Hewitt represents a strategically located, small-format investment offering at an accessible basis in one of Snohomish County’s most active and rapidly evolving urban environments.