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Lakefront Restaurant Opportunity
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12404 Mill Spur, Lake Stevens, WA

Elevated restaurant space with lake views and outdoor patio.

Space Size1,648 SF
Lot Size0.10 Acres
Days on Market290

Property Features for 12404 Mill Spur

General Information

Standard status Active
Size 1,648 SF
Lot size 0.10 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 12404 Mill Spur Contact us

Mill Spur Yard $31/SF/Yr

Floor
3
Size
1,648 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
3rd Floor: 1,648 SF Elevated restaurant / cocktail bar opportunity with lakefront...
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Listing Agency: NAI Puget Sound Properties
Listed By: Blake Stedman · License #WA2495
Source: Moodyscre
Added: Nov 4, 2025 Changed: Aug 8 Last Checked: Aug 20 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

This property offers an elevated restaurant opportunity with lakefront views. The available spaces include 725 square feet on the first floor and 1,648 square feet on the third floor. An additional outdoor patio is included. The property is in core and shell condition. The lease rate is $30 to $31 per square foot per year, NNN.

Key Highlights

  • Elevated restaurant opportunity with lakefront views
  • Additional outdoor patio included
  • Total square footage of 2,373 SF (725 SF on 1st floor and 1,648 SF on 3rd floor)

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Elevated restaurant space with lake views and outdoor patio.
Where is this restaurant located?
The property is located at 12404 Mill Spur Lake Stevens, WA.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Elevated restaurant opportunity with lakefront views; Additional outdoor patio included; Total square footage of 2,373 SF (725 SF on 1st floor and 1,648 SF on 3rd floor)
(425) 652-1722 Call to check price and availability
More about this property
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