5603 230th Street SW Mountlake Terrace, WA 98043

$950,000
0.18
Acres
$950,000
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new 8 hrs ago
1/18
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Rare opportunity to own commercial retail / professional office with development potential in sought after MLT town center. Building floor plan allows flexibility for variety of owner/user to operate business & build equity in high growth area. Features include gas heat, central A/C, skylights, epoxy concrete flooring & mature landscaping. Great visibility on the corner of 56th & 1 block from heart of Town Center core. Six vehicle onsite parking & ADA accessible. TC-R zoning allows for smaller scale mixture of multifamily, townhouses, retail commercial & professional office. MLT offers MFTE (multifamily tax exemption) on qualifying projects. Preliminary studies shows 11 unit townhome possible by acquiring adjacent parcel, see MLS #2343858.

Rare opportunity to own commercial retail / professional office with development potential in sought after MLT town center. Building floor plan allows flexibility for variety of owner/user to operate business & build equity in high growth area. Features include gas heat, central A/C, skylights, epoxy concrete flooring & mature landscaping. Great visibility on the corner of 56th & 1 block from heart of Town Center core. Six vehicle onsite parking & ADA accessible. TC-R zoning allows for smaller scale mixture of multifamily, townhouses, retail commercial & professional office. MLT offers MFTE (multifamily tax exemption) on qualifying projects. Preliminary studies shows 11 unit townhome possible by acquiring adjacent parcel, see MLS #2343858.

  • Neighborhood
  • Type
  • County
    Snohomish
  • Area
    730 - Southwest Snohomish
  • Status
    Active
  • Listing #
    2342783
  • Built
    1951
  • Lot Size
    0.18
  • Listed on site
    8 hours

Listed by:
Pellego, Inc.

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-03-14 21:45:51. DMCA
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Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
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