For Sale

5903 244th Street SW

Mountlake Terrace, WA 98043
Courtesy of Real Property Associates
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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.

  • Property Details
    • Property
      • Exterior materials:Cement/Concrete
    • Measurements
      • Acres:0.28
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:60 - Comm Bldg Und 10K
    • Condition
      • Year built:1964
    • Material information
      • Foundation:Poured Concrete
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Electricity Available
  • Community and Neighborhood Details
    • Location
      • County:Snohomish
    • Community
      • Subdivision:Mountlake Terrace
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 795, 000
      • Selling Office Commission:2
      • Annual taxes:$7, 569
      • Days on Market (Cumulative):32
  • Other
    • Source
      • MLS #:2011416


Sarah McCormickReal Estate Agent
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