
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.
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS

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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.
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 Five Doors Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-08T07:15:12.897. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-12-08T07:15:12.897. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.