5607 & 5603 230th Street Sw, Mountlake Terrace, Wa 98043

WA, Mountlake Terrace
$1,650,000
  • 0.37 Acre
  • Land Property Type
  • Expired Status
Property Description

Attention Builders / Investors: Excellent development opportunity to build for rent or spec project. This premium 16,193 sqft site is two parcels located 1 block from MLT town center core and 5 blocks to new MLT light rail station. TC-R zoning allows flexible development options for smaller scale mixture of multifamily, townhouses or professional retail / office use. Building height allowance of 2-4 stories. Preliminary studies shows 11 unit townhome feasible with no commercial space requirement. MLT offers MFTE (multifamily tax exemption) program on qualifying projects. Great opportunity for owner operator to use or rent 1323 sqft office building and 672 sqft SFR during permit process. The office building is also listed under MLS #2342783.

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2343858
  • Price: $1,650,000
  • Lot Area: 0.37 Acre
  • Status: Expired
  • Office Name: Pellego, Inc.
  • Agent Name: Peter N Tang
  • Property Sub Type: Land
Features
  • Sewer On Property
  • Utilities Natural Gas Available, Electricity Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Mountlake Terrace
  • Zipcode 98043
  • Street: 230th
  • Street Number: 5607 & 5603
  • Street Suffix: Street
  • Longitude: W123° 41' 26.1''
  • Latitude: N47° 47' 25.5''
  • Directions: Corner of 57th & 56th Ave W and 230th ST SW
  • Mls Area Major: 730 - Southwest Snohomish
  • Street Dir Suffix: SW
  • Zoning: TCR
Neighborhood
  • High School District: Edmonds
Additional Information
  • Water Source: Available
  • Possible Use: Multi-Family,Office,Residential,Retail
  • On Market Date: 2025-03-14
  • Lot Features: Paved, Curbs, Sidewalk, Corner Lot
Financial
  • Tax Annual Amount: 8985
Listing Information
  • List Agent Mls Id: 46209
  • List Office Mls Id: 4677
  • Listing Term: Cash Out
  • Mls Status: Expired
  • Modification Timestamp: 2025-05-05T07:17:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-05-05T07:16:01Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

Similar Properties

MLS On The Fly