Overview

Description

Snohomish Terrace is a rare opportunity to acquire and develop a large mixed-use residential project in the heart of Snohomish, Washington; a suburb of Everett, WA located only 30 miles from downtown Seattle and 25 miles to Bellevue, WA.​ The zoning was recently changed to allow for higher density projects with building heights up to 45’ with the potential to increase to 55’ if 10% of the units are affordable.​ Conceptual designs have shown the ability to accommodate a variety of mixed-use product types, including the potential for hundreds of residential units and supporting commercial uses (buyer to confirm).​ The property lends itself well to phasing construction of the project with an upper terrace on Avenue 'D' and a lower terrace on Bonneville Avenue.​

Location

Located in the bedroom community of Snohomish, Washington, a suburb of Everett, WA located only 30 miles from downtown Seattle and 25 miles to Bellevue, WA.​ The site is located centrally in the commercial core of the city, just a few blocks from access onto State Route-9.

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