$1,795,000 $9,636 est/mo Sourced by Back At You

5903 244th Street,Mountlake Terrace, WA 98043

Mountlake Terrace WA, 98043

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Description

At the entrance to Mountlake Terrace, just off I-5 and adjacent to the Gateway Development, newly built Terrace Station, and close to the 244th Light Rail station coming in 2024 -- Existing two story office building with nine in place tenants, two tax parcels, abundant parking, and a possible redevelopment opportunity. Level site with streets on three sides, with zoning providing for 18 residential units, as well as 2,000SF of prime ground floor retail space based on recent massing study. Existing building is fully leased to hold during entitlement or as a long term investment.

Details

MLS#2011416
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site592
Listing Provided ByReal Property Associates | Sarah McCormick

Features

Acreage0.28

Market Activity 98043

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Learn More About This Property

StateWA
CountySnohomish
CityMountlake Terrace
Zip Code98043
Area730 Southwest Snohom
Community NameMountlake Terrace
Listing VS Median (in Mountlake Terrace)
Price:
$1,795,000
low | high
Med:
$699,000
100% of Average
On Site:
592
low | high
Med:
3.000000
100% of Average
Sourced by Back At You
Listing Updated: November 13, 2022 at 4:50:55 AM PST